Mexico Unveils Strategy to Address Trump Tariffs, According to President
Tariffs have been implemented on goods from Mexico, Canada, and China entering the United States.
On Monday, President Claudia Sheinbaum announced that Mexico has contingency plans in place to combat U.S. tariffs.
“We have a strategy and significant unity,” she noted in a social media update. “Mexico boasts a robust economy, and we will always defend our nation.”
Mexican officials conferred with U.S. representatives in Washington last week to discuss trade and security issues, attempting to avert the tariff implementation, but their efforts were unsuccessful.
In response to the U.S. tariffs, Canada’s Prime Minister has made a statement.
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Trudeau stated that the tariffs would remain until the U.S. revokes its trade actions.
“While we urge the U.S. administration to reconsider their tariffs, Canada remains steadfast in defending our economy, our jobs, our workers, and ensuring a fair deal.”
President Donald Trump confirmed on March 3 that the 25 percent tariffs on Mexico and Canada would proceed as planned on Tuesday, stating that no last-minute negotiations would alter their implementation.
“The tariffs are all set. They will take effect tomorrow,” Trump told reporters at the White House, emphasizing, “There is no room left for Mexico or Canada.”
Trump initially proposed these tariffs in November 2024 before taking office on January 20, citing that both countries had not done enough to address the influx of illegal drugs and immigrants into the United States.
He has also expressed a desire to rectify trade imbalances and encourage manufacturers to relocate to the U.S.
The tariffs, originally scheduled to start on February 4, were delayed for a month to provide Mexico and Canada additional time to respond to U.S. demands. Mexico deployed 10,000 troops to its northern border but has not met U.S. expectations concerning fentanyl control, according to the Trump administration.
Commerce Secretary Howard Lutnick, former head of the investment firm Cantor Fitzgerald, stated on Monday that more action is still necessary from the two countries to curb the flow of fentanyl into the United States.
“He knows they’ve done well on the border, but they haven’t done enough regarding fentanyl,” Lutnick explained.
Trump echoed this concern in a post on his social media platform, Truth Social.
“Drugs continue to pour into our country from Mexico and Canada at exceedingly high and unacceptable levels,” Trump remarked on February 27.
In retaliation, China has raised tariffs on various U.S. imports by 10 to 15 percent and imposed export and investment restrictions on 25 American companies.
