Mexico may retaliate with its own tariffs after Trump threat, new president says

Mexican President Claudia Sheinbaum has clapped back at President-elect Trump’s proposed 25% tariff on imported goods from Mexico, saying she would impose tariffs of her own on the U.S. and suggested it could lead to a tit-for-tat trade war between the countries as well as more inflation.

Trump on Monday said he would issue an executive order upon taking office to charge Mexico and Canada a 25% tariff on all products coming into the United States, as well as additional tariff hikes on China over the flow of illegal immigrants and illicit drugs. 

In a Truth Social post, Trump, who takes office on Jan. 20, 2025, said thousands of people were "pouring through" Mexico and Canada "at levels never seen before."

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