In the latest twist of international trade tensions, Mexico's President Claudia Sheinbaum announced on Saturday that Mexico will retaliate against the tariffs imposed by U.S. President Donald Trump. 🇲🇽⚡🇺🇸
\"We won't stand by while unfair tariffs impact our economy,\" Sheinbaum declared, signaling a firm stance against the new U.S. measures. \"Mexico is ready to implement its own tariffs and other necessary steps.\"
The move comes after President Trump signed an order imposing tariffs on imports from Mexico, Canada, and China, escalating trade disputes across North America and beyond.
Sheinbaum also fiercely rejected accusations from Washington that her government has alliances with drug trafficking organizations, labeling them as \"slander.\" 💥 She took to X (formerly Twitter) with a lengthy post emphasizing Mexico's desire for collaboration over confrontation.
\"We categorically reject the White House's slander that the Mexican government has alliances with criminal organizations, as well as any intention of meddling in our territory,\" Sheinbaum wrote. \"Our focus is on working together for the prosperity and security of our nations.\"
Highlighting her administration's efforts since taking office in October, Sheinbaum noted the seizure of 20 million doses of the deadly synthetic opioid fentanyl and the detention of over 10,000 individuals linked to drug trafficking. 🚫💊
Meanwhile, Canada's Prime Minister Justin Trudeau announced on Saturday that Canada would impose 25% tariffs on C$155 billion (approximately $106.5 billion USD) worth of U.S. goods in response to U.S. tariffs. \"C$30 billion worth of goods will take effect on Tuesday, with the remaining C$125 billion implemented in 21 days,\" Trudeau stated during a news conference. 🍁🔁🇺🇸
The unfolding trade disputes have captured global attention, with many young professionals and businesses watching closely to understand the potential impacts on the economy and international relations.
Stay tuned for more updates on this developing story! 🌐
Reference(s):
Mexican president says Mexico will retaliate against U.S. tariffs
cgtn.com
