How is Mexico responding to the Trump tariffs?

With the announcement that U.S. President Trump has introduced sweeping tariffs against astir the full world, economies crossed the globe are reacting with a substance of daze and outrage. 

The United States’ neighbors Mexico and Canada, which person already been slapped with 25% tariffs connected aluminum, steel, and automobiles, look to person escaped this caller circular of tariffs however, arsenic each different goods covered by the USMCA escaped commercialized statement stay untouched.

In response, Mexican President Claudia Sheinbaum has announced 18 caller targeted measures arsenic portion of her economical Plan México. She has emphasized that Mexico and the United States stock an important and unbreakable commercialized narration and that she is grateful for the enactment the 2 countries person done unneurotic successful caller years.

Despite this, Plan México is looking to futureproof Mexico’s system against immoderate aboriginal reprisals, particularly successful the aftermath of caller tariffs connected Mexican brew announced earlier this week and successful the look of a imaginable renegotiation of the USMCA.

So, what’s successful Plan México?

The economical roadmap volition spot an summation successful production, investment, and home depletion successful cardinal industries, including energy, automotive, textiles, steel, aluminum, pharmaceuticals, petrochemicals, and food. There volition besides beryllium accrued concern in nationalist infrastructure projects, similar roads, railways, airports, and h2o organisation networks.

Plan México besides calls for home investment, minimum wage increases and greater societal enactment schemes.

Mexico News Daily’s María Meléndez takes a look astatine what the aboriginal mightiness clasp for Mexico successful the latest variation of our MND TV explainer series.

Mexico News Daily