Economy

Mexico Announces Retaliatory Measures Against US Tariffs: A Bold Move in Economic Defense

Mexico's Stand Against US Tariffs

In a decisive response to the United States' imposition of a 25% tariff on Mexican imports, Mexican President Claudia Sheinbaum has announced a series of retaliatory measures. These measures, part of what Sheinbaum refers to as "Plan B," aim to defend Mexico's economic interests and sovereignty.

Sheinbaum vehemently denied allegations from the White House of any collaboration with criminal organizations, stating, "We categorically reject the slander made by the White House against the Government of Mexico regarding alleged alliances with criminal organizations." She further accused the US of being complicit in arming these groups, highlighting a report from the US Department of Justice as evidence.

Plan B: Tariff and Non-Tariff Measures

The Mexican President has instructed the Secretary of Economy to implement "Plan B," which includes both tariff and non-tariff measures. This strategic move underscores Mexico's commitment to protecting its national interests against external economic pressures.

The White House, on the other hand, claims that the tariffs are intended to pressure Mexico into greater cooperation in the fight against drug trafficking. This ongoing economic tension highlights the complex relationship between the two neighboring countries.