Mexican President Claudia Sheinbaum has suggested that her country could retaliate against tariffs proposed by U.S. President-elect Donald Trump with its own import taxes. Sheinbaum also warned of dire economic consequences for both sides. Trump has threatened to impose 25% import duties on Mexico and Canada unless they clamp down on migrants and drugs crossing the border. Sheinbaum said Mexico had already done a lot to stem the flow of migrants -- and that US demand is responsible for the flow of drugs. Mexico and Canada are America's top trade partners. Chapters: 0:00 Scheinbaum threatens retaliatory import taxes 1:28 Meredith Crowley, Cambridge University Economics Professor For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 #trump #mexico #tariff
Mexico threatens retaliation against Trump's proposed tariffs
Mexican President Claudia Sheinbaum has suggested that her country could retaliate against tariffs proposed by U.S. President-elect Donald Trump with its own import taxes. Sheinbaum also warned of dire economic consequences for both sides. Trump has threatened to impose 25% import duties on Mexico and Canada unless they clamp down on migrants and drugs crossing the border. Sheinbaum said Mexico had already done a lot to stem the flow of migrants -- and that US demand is responsible for the flow of drugs. Mexico and Canada are America's top trade partners. Chapters: 0:00 Scheinbaum threatens retaliatory import taxes 1:28 Meredith Crowley, Cambridge University Economics Professor For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 #trump #mexico #tariff