MEXICO CITY (Reuters) – Mexican President Claudia Sheinbaum stated on Tuesday she would ship a letter to U.S. President-elect Donald Trump, urging dialogue and cooperation following his pledge of across-the-board tariffs of 25% on Mexico and Canada.
“To 1 tariff will come one other and so forth, till we put our frequent companies in danger,” Sheinbaum stated throughout a daily press convention, warning that tariffs would trigger inflation and job losses in each international locations.
Sheinbaum added that she would ship the letter later within the day.
Trump made the pledge on Monday night, blaming Mexico for not doing extra to halt the arrival of illicit medication and undocumented migrants by way of the international locations’ shared border.
Tariffs might violate the United States-Mexico-Canada Settlement (USMCA), which the international locations signed in 2020 when Trump was president.
The Mexican peso weakened some 1.3% in early buying and selling on Tuesday.
Sheinbaum stated her administration had all the time proven Mexico’s willingness to assist combat the fentanyl epidemic within the U.S. and that apprehensions of migrants on the border had been down and that migrant caravans had been now not arriving on the shared border.
Nonetheless, Sheinbaum famous that felony teams in Mexico had been nonetheless receiving weapons from the U.S. She stated the area’s shared challenges required cooperation, dialogue and reciprocal understanding.
“We don’t produce weapons, we don’t devour the artificial medication. Sadly now we have the people who find themselves being killed by crime that’s responding to the demand in your nation,” she stated.
(Reporting by Mexico Metropolis bureau; Enhancing by Brendan O’Boyle)
