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Politics : Formerly About Advanced Micro Devices

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rdkflorida2
From: Mongo211611/27/2024 9:35:20 PM
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  • Mexico plans retaliatory tariffs if US imposes 25% tariff
  • Proposed tariffs could harm US automakers, raise vehicle prices, Mexico says
  • USMCA trade deal up for review in 2026


MEXICO CITY, Nov 27 (Reuters) - Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if U.S. President-elect Donald Trump followed through with his proposed 25% across-the-board tariff, a move her government warned could kill 400,000 U.S. jobs and drive up prices for U.S. consumers.
"If there are U.S. tariffs, Mexico would also raise tariffs," Sheinbaum said during a press conference, in her clearest statement yet that the country was preparing possible retaliatory trade measures against its top trade partner.
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