Mexico City, January 30, 2025 (TDI): Mexico President Claudia said on Wednesday, “I am confident enough that the United States will not go for tariff imposition on Mexico; if the US will do, we have another alternative plan to cover the financial gap.
After taking over the Oval Office, Donald Trump launched an “executive actions campaign” where he pledged the US people for early deportation and tariff escalation on border countries and other parts of the world.
The Trump administration has imposed several percentages of tariffs on its border countries, Mexico and Canada. According to the official sources, it is estimated that 25% of tariffs have been imposed on Ottawa and Mexico City.
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Mexico’s president briefed in her daily morning press conference, which is part of the routine, issued an official statement to give hope to the people of Mexico.
“We don’t think it is going to happen; if it does, we have a second plan to tackle the situation.’’
In this regard, Mexico explained that it is very uneven circumstances that the US is going to implement tariff restrictions on its border country on Feb 1.
As per the official sources, the automotive industry is not included in this tariff campaign.
So one of the government official further added that Mexico is ready to start economic tussle, she will obviously impose tariff of 10% and 20%, a Mexican official said.
In addition, those financial restrictions would be on pork products, cheese, apples, grapes, potatoes, steel, and aluminum, said.
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The border dispute is a longstanding issue between the United States and Mexico. In this regard, the Mexican government has decided to enforce retaliatory tariffs and crackdown on multiple migrants traveling to the US.
Mexico’s government has made several moves, including seizing a large shipment of illegal fentanyl, imposing new tariffs on certain Asian imports, and confiscating fake Chinese goods in multiple cities.
Meanwhile, Mexico has cautioned that US tariffs on Mexican goods could have severe consequences, including the loss of 400,000 US jobs and higher prices for American consumers.
