Sheinbaum Confident in Avoiding US Tariff War Amid Trump’s Threats
- Mexican President Claudia Sheinbaum expressed optimism on Thursday about preventing a tariff war with the United States.
- Sheinbaum asserted, “There will be no potential tariff war,” when questioned about the issue during her daily news briefing.
- Trump claimed on social media that Sheinbaum had agreed to curb unauthorized migration into the U.S.
Claudia Sheinbaum Confident in Avoiding Tariff War with the U.S.
Mexican President Claudia Sheinbaum expressed optimism on Thursday about preventing a tariff war with the United States. She made this statement after a phone call with U.S. President-elect Donald Trump.
Sheinbaum asserted, “There will be no potential tariff war,” when questioned about the issue during her daily news briefing. However, it remains unclear what agreements were made during her conversation with Trump.
Trump claimed on social media that Sheinbaum had agreed to curb unauthorized migration into the U.S. Sheinbaum responded that her government is managing migrants and caravans before they reach the border. Historically, migrant caravans faced obstacles in Mexico, often being blocked or returned to the southern border.
U.S. President Joe Biden commented on Thursday, urging Trump to reconsider plans for tariffs, stating that they could harm relationships with allies. He described the proposed tariffs as “counterproductive.”
Previously, Trump threatened to impose 25% tariffs on imports from Mexico and Canada unless both countries significantly reduced illegal immigration and the flow of drugs like fentanyl into the U.S. He also proposed 10% tariffs on Chinese imports unless China takes action against fentanyl production.
Despite Sheinbaum’s assurance, many Mexicans are concerned about the potential impact of U.S. tariffs on key products and regional economies. For example, the avocado industry is vital for many small growers in Mexico. Higher prices could reduce demand from U.S. consumers.
Earlier this week, Sheinbaum stated that Mexico was preparing a list of retaliatory tariffs if Trump implements his proposed duties. Analysts warn that the additional tariffs could cost about $266 billion in tax collections, affecting U.S. families and businesses.
This ongoing situation highlights the importance of diplomatic negotiations as both countries seek to address significant issues related to trade and migration.