Mexico vows to respond in kind to U.S. tariffs.

According to Ukrinform, this has been reported by Reuters referencing a post by Mexico's leader on social media platform X.

“I have instructed the Minister of Economy to implement plan 'B', which we have been working on, including tariff and non-tariff measures to protect Mexico's interests,” the president wrote, without specifying which American goods the announced measures would target.

Sheinbaum stated that her government seeks dialogue rather than confrontation with its main trading partner to the north, but Mexico was compelled to respond.

She also dismissed claims from the White House that drug cartels are allied with the Mexican government—a point that the Trump administration used to justify tariffs. Trump asserted that the tariffs against Mexico were linked to the country's failure to stop the flow of the deadly opioid fentanyl into the U.S., as well as what he termed uncontrolled migration.

According to informed sources from Reuters, Mexico is preparing potential corresponding tariffs on imports from the U.S. ranging from 5% to 20% on pork, cheese, fresh produce, industrial steel, and aluminum. The automotive industry will initially be exempt from the tariffs, unnamed sources added.

The U.S. is currently Mexico's most important foreign market. Data from the U.S. Census Bureau indicates that in 2023, American exports to Mexico amounted to over $322 billion, while the U.S. imported Mexican products worth over $475 billion.

As reported by Ukrinform, on Saturday Donald Trump signed decrees imposing significant customs tariffs on imports from Canada, Mexico, and China.

On Sunday, Canadian Prime Minister Justin Trudeau stated that Canada is imposing a 25% tariff on a wide range of American goods in response to similar actions by the United States.

Photo: Bloomberg