Mexico’s President Claudia Sheinbaum expressed her government’s desire to avoid imposing reciprocal tariffs on the United States on Monday. Despite this, she also acknowledged that such an action could not be completely dismissed.
This comes in response to President Trump’s recent warning that any country that retaliates against the U.S. by issuing additional tariffs will be met with new and substantially higher tariffs. This is part of his strategy to counter what he perceives as long term tariff abuse by other nations.
President Trump also announced that negotiations with countries seeking discussions will commence immediately. However, these talks will exclude China, as Trump intends to impose additional tariffs on the Asian nation. This is part of ongoing trade tensions between the two largest economies in the world.
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