Mexico’s president Claudia Sheinbaum has announced her government’s response to the 25% tariff imposed by the U.S. in a live-streamed address. This move comes after President Trump imposed tariffs on China, Canada, and Mexico, as part of his strategy to prioritize American interests over trade relationships with allies.
The White House has ordered significant tariffs on Canadian and Mexican imports, as well as goods from China, in an effort to hold these countries accountable for their role in allowing drugs into the United States. This decision has the potential to disrupt global trade and lead to higher prices on consumer goods.
The announcement drew immediate responses from the affected countries, with Mexico outlining its plan to address the tariffs imposed by the U.S. This development signals a shift in the way Washington interacts with its neighbors and allies, and could have far-reaching implications for international trade relationships.
President Trump’s willingness to risk a trade war with key allies in pursuit of American interests has raised concerns about the future of global trade dynamics. As these tensions continue to escalate, it remains to be seen what impact they will have on economies around the world.
Watch the video by The Times and The Sunday Times
Video “LIVE: Mexico announces response to US tariffs” was uploaded on 02/03/2025 to Youtube Channel The Times and The Sunday Times