Mexico to Impose Retaliatory Tariffs on US
In response to the U.S. imposing 25% tariffs on Mexican goods, President Claudia Sheinbaum announced retaliatory tariffs on U.S. products, with details to be released Sunday. This delay suggests a potential effort to de-escalate the trade conflict initiated by President Trump. Sheinbaum criticized the tariffs as unjustified and harmful to both nations, emphasizing the significant economic interdependence between the two countries. While Secretary of Commerce Howard Lutnick hinted at a possible resolution, economists warn of potential negative economic consequences, including inflation and slowed growth, for both the U.S. and Mexico.
John Q. Hosedrinker