Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs
Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs
Mexican President Claudia Sheinbaum says Mexico could retaliate with tariffs of its own, after President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border.
Summary
Mexican President Claudia Sheinbaum suggested imposing retaliatory tariffs if Trump follows through on his threat of 25% import duties on Mexican goods.
Sheinbaum emphasized Mexico’s efforts to curb migration and drug trafficking, framing fentanyl as a U.S. public health issue and criticizing U.S. spending priorities.
She warned tariffs could harm both nations’ economies, especially their intertwined auto industries, and stressed the importance of dialogue.
Trump threatened to impose tariffs on Mexico and Canada, citing concerns about drug and migrant flows, but the US-Mexico-Canada free trade agreement prohibits such actions.
Golly, you don’t suppose the outcome of this trade squabble could push Mexico straight into China’s loving embrace, thereby achieving exactly the opposite of the ostensible goals of the trump tariffs? All whilst driving up prices in the US? Do you??
103No, definitely not. The only way to lower prices is to raise them drastically. You see, if you don't let these supposed "economists" and "third graders who understand addition" tell you otherwise, you can easily see that this is a fucking brilliant plan. That's why the astute American public bought it. Because they're so educated.
33
Your second sentence made me think of this.
6Because they're so educated.
Reminds me of that guy that said he "loved the
poorlyeducated" Wonder what happened to him...5
Russia is okay with it. If they could I'm sure they would orchestrate such things to happen
16By doing things like supporting the rise of one of their assets to the presidency?
Oh
10They are.
6
Obviously, as that's trade economy 101.
54Don't Canada/Mexico/US have free trading agreements? The US is going to exit them?
32The current agreement (known as USMCA or NAFTA 2.0) was signed in 2018 and took effect in 2020. Trump wants to use the 6-year renegotiation provision that is in the deal to fuck with Canada and Mexico even more than the current deal does.
25It just seems like it.
2
I’m sure my Canadian Government will follow this up with a strongly worded letter to the Americans asking if it’s OK if they impose tariffs, too.
20Worse. Polinever is asking Trudeau to do tax cuts to offset it.
6
Trump keeps praising McKinley for his tariffs, but I guess he completely forgot that it famously failed, caused prices to skyrocket for all Americans, and the Republican party handily lost in midterms and the next election.
19Don't forget to make it double the tariffs to America.
18I was curious what exactly the US exports to Mexico. Apparently it’s mostly oil.
5That’s exactly how tariffs work. 2 countries fucking themselves over to see who has the bigger dick. China will impose tariffs also on us.
4Mutually assured tariffs
4insert shocked face here
4