
Sheinbaum to Discuss Tariffs with Trump
Mexican President Claudia Sheinbaum has announced a crucial meeting with US President Donald Trump scheduled for this Thursday. The agenda? The contentious 25% tariffs recently imposed by the US. Sheinbaum has openly criticized the tariffs, dismissing the justification based on fentanyl trafficking as baseless, given the drug's multiple entry routes into the US, including through domestic channels.
Impact on US Businesses and Markets
Sheinbaum highlighted the adverse effects of these tariffs on US businesses and stock markets, which have already started to reflect the negative repercussions of Trump's decision. In a bold move, she suggested that Mexico might explore alternative markets for its key exports, such as avocados, and hinted at possible legal actions against the US tariffs.
Retaliatory Measures on the Horizon
The Mexican government is not standing idly by. Sheinbaum revealed plans for retaliatory measures, both tariff-related and otherwise, which are expected to be announced this Sunday. This development signals a potential escalation in trade tensions between the two neighboring countries.
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