{"id":128765,"date":"2025-03-05T03:24:09","date_gmt":"2025-03-05T03:24:09","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/mexico-says-it-will-impose-retaliatory-tariffs-on-us-with-details-coming-sunday-the-associated-press\/"},"modified":"2025-03-05T03:24:09","modified_gmt":"2025-03-05T03:24:09","slug":"mexico-says-it-will-impose-retaliatory-tariffs-on-us-with-details-coming-sunday-the-associated-press","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/mexico-says-it-will-impose-retaliatory-tariffs-on-us-with-details-coming-sunday-the-associated-press\/","title":{"rendered":"Mexico says it will impose retaliatory tariffs on US with details coming Sunday &#8211; The Associated Press"},"content":{"rendered":"<p>Copyright 2025 The Associated Press. All Rights Reserved.<br \/>Mexico President Claudia Sheinbaum said Tuesday that Mexico will respond to 25% tariffs imposed by the United States with its own retaliatory tariffs on U.S. goods.<br \/>U.S. President Donald Trump\u2019s long-threatened tariffs are here, plunging the country into an escalating trade war with China, Canada and Mexico. In response, all three countries announced retaliatory measures. (AP Video by Mart\u00edn Silva Rey, Eugene Garcia, Mike Householder and Manuel Valdes)<br \/>CORRECTS NAME: Susano Cordoba, right, gestures towards trucks lining up to cross the border into the United States as tariffs against Mexico go into effect, Tuesday, March 4, 2025, in Tijuana, Mexico. (AP Photo\/Gregory Bull)<br \/>Mexican President Claudia Sheinbaum gives her morning press conference at the National Palace in Mexico City, Tuesday, March 4, 2025. (AP Photo\/Marco Ugarte)<br \/>This combination of file photos shows, from left, U.S. President Donald Trump in Palm Beach, Fla., Feb. 7, 2025, Canadian Prime Minister Justin Trudeau in Kyiv, Ukraine, June 10, 2023, China\u2019s President Xi Jinping in Brasilia, Brazil, Nov. 20, 2024, and Mexico\u2019s President in Mexico City, June 27, 2024. Claudia Sheinbaum (AP Photo)<br \/>Mexican President Claudia Sheinbaum arrives for her morning press conference at the National Palace in Mexico City, Tuesday, March 4, 2025. (AP Photo\/Marco Ugarte)<br \/>Mexico President Claudia Sheinbaum said Tuesday that Mexico will respond to 25% tariffs imposed by the United States with its own retaliatory tariffs on U.S. goods.<br \/>U.S. President Donald Trump\u2019s long-threatened tariffs are here, plunging the country into an escalating trade war with China, Canada and Mexico. In response, all three countries announced retaliatory measures. (AP Video by Mart\u00edn Silva Rey, Eugene Garcia, Mike Householder and Manuel Valdes)<br \/>CORRECTS NAME: Susano Cordoba, right, gestures towards trucks lining up to cross the border into the United States as tariffs against Mexico go into effect, Tuesday, March 4, 2025, in Tijuana, Mexico. (AP Photo\/Gregory Bull)<br \/>CORRECTS NAME: Susano Cordoba, right, gestures towards trucks lining up to cross the border into the United States as tariffs against Mexico go into effect, Tuesday, March 4, 2025, in Tijuana, Mexico. (AP Photo\/Gregory Bull)<br \/>Mexican President Claudia Sheinbaum gives her morning press conference at the National Palace in Mexico City, Tuesday, March 4, 2025. (AP Photo\/Marco Ugarte)<br \/>Mexican President Claudia Sheinbaum gives her morning press conference at the National Palace in Mexico City, Tuesday, March 4, 2025. (AP Photo\/Marco Ugarte)<br \/>This combination of file photos shows, from left, U.S. President Donald Trump in Palm Beach, Fla., Feb. 7, 2025, Canadian Prime Minister Justin Trudeau in Kyiv, Ukraine, June 10, 2023, China\u2019s President Xi Jinping in Brasilia, Brazil, Nov. 20, 2024, and Mexico\u2019s President in Mexico City, June 27, 2024. Claudia Sheinbaum (AP Photo)<br \/>This combination of file photos shows, from left, U.S. President Donald Trump in Palm Beach, Fla., Feb. 7, 2025, Canadian Prime Minister Justin Trudeau in Kyiv, Ukraine, June 10, 2023, China\u2019s President Xi Jinping in Brasilia, Brazil, Nov. 20, 2024, and Mexico\u2019s President in Mexico City, June 27, 2024. Claudia Sheinbaum (AP Photo)<br \/>Mexican President Claudia Sheinbaum arrives for her morning press conference at the National Palace in Mexico City, Tuesday, March 4, 2025. (AP Photo\/Marco Ugarte)<br \/>Mexican President Claudia Sheinbaum arrives for her morning press conference at the National Palace in Mexico City, Tuesday, March 4, 2025. (AP Photo\/Marco Ugarte)<br \/>&#x25b6; Follow live updates on <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\"         data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/live\/donald-trump-address-congress-updates?version=1741127332268\" target=\"_blank\" rel=\"noopener\">President Donald Trump and his new administration.<\/a><\/span><br \/><span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\"         data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/mexico-estados-unidos-canada-aranceles-respuesta-reacciones-76c599caaa3aed62f080796de5dabff7\">Lee esta historia en espa\u00f1ol.<\/a><\/span><br \/>MEXICO CITY (AP) \u2014 Mexico\u2019s president said Tuesday the country will respond to the <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\"         data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/trump-tariffs-canada-mexico-china-643086a6dc7ff716d876b3c83e3255b0\">25% tariffs imposed by the United States<\/a><\/span> with retaliatory tariffs on U.S. goods, with details to come.<br \/>Mexico will announce the targeted products and other measures Sunday at an event in Mexico City\u2019s central plaza, a delay that suggests Mexico hopes to de-escalate the trade war set off by U.S. President Donald Trump. <br \/>President Claudia Sheinbaum said the government is \u201cgoing to wait\u201d because she had planted to speak to Trump this week. Mexico\u2019s government has said since January it had a plan ready for this scenario.<br \/>\u201cThere is no motive or reason, nor justification that supports this decision that will affect our people and our nations,\u201d Sheinbaum added.<br \/><span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\"         data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/china-us-tariffs-farm-soy-trump-7442b02ac829347f0d4fc6ad0955d368\">China<\/a><\/span> and <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\"         data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/trudeau-trump-canada-tariffs-us-5d5ef8bd41c4567926d543a9526b2e84\">Canada<\/a><\/span> responded immediately with measures Tuesday.<br \/>Hours later, after stock markets took a hit, U.S. Secretary of Commerce Howard Lutnick said in a video posted to X that he was on the phone \u201call day\u201d with Mexican and Canadian authorities. <br \/>President Trump imposed tariffs on imports from Canada and Mexico starting Tuesday and doubled tariffs against imports from China. Here\u2019s what you need to know about them.<br \/>Lutnick said it appeared the government was going to \u201cwork something out\u201d with the trade partners, a deal that could be announced on Wednesday.<br \/>Sound of Mexican President Claudia Sheinbaum saying in Spanish \u2018But it is inconceivable that no thought is being given to the damage it will cause both to US citizens and US companies as a result of the price increase of goods produced in our country, as well as the damage it will cause by putting a stop to job creation in both countries. Nobody wins with this decision. On the contrary, it affects the people we represent.\u2019<br \/>\u201cIt\u2019s not going to be a pause. None of that pause stuff,\u201d he said. \u201cSomewhere in the middle will likely be the outcome.\u201d<br \/>Some 80% of Mexico\u2019s exports go to the United States, part of more than $800 billion in trade between the countries last year.<br \/>President Claudia Sheinbaum announced Tuesday that Mexico will impose retaliatory taxes on U.S. goods. She added that the products that will be targeted will be announced on Sunday in a public event in Mexico City\u2019s central plaza.<\/p>\n<p>Sheinbaum called \u201coffensive, defamatory and without support\u201d the White House allegations that Mexican drug traffickers persist because of \u201can intolerable relationship\u201d with the Mexican government. Trump has said he\u2019s targeting Mexico to force it to crack down on migrants and drugs entering the U.S.<br \/>She listed the achievements of her young administration against Mexico\u2019s drug cartels, including seizing more than a <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\"         data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/mexico-fentanyl-drug-seizure-76b274660df084dd36e57dc6c000d922\">ton of fentanyl<\/a><\/span> and dismantling 329 methamphetamine labs. She also noted that Mexico <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\"         data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/mexico-drug-lord-rafael-caro-quintero-extradition-ad769ef1f2addd8530f4b8b96d00bb4c\">sent the U.S. 29 drug cartel figures it requested<\/a><\/span> last week.<br \/>\u201cIt\u2019s inconceivable that they don\u2019t think about the damage this is going to cause to United States citizens and businesses,\u201d Sheinbaum said. \u201cNo one wins with this decision.\u201d<br \/>Mexico\u2019s president also noted that Trump on Monday said he respected her, and she said she respected him as well: \u201cThe thing is finding a way to collaborate, of coordinating without subordinating anyone for the benefit of our people.\u201d<br \/>Trade experts expressed doubt over how long Trump\u2019s <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\"         data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/tariffs-trump-economy-imports-inflation-62d52742c0bb0a5b8304755c6ee9af4d\">tariffs<\/a><\/span> would last, saying they would boost prices for American consumers including Trump\u2019s base.<br \/>\u201cIt is going to do nothing to help with the food inflation in the U.S.,\u201d said Timothy Wise, an expert on agricultural trade between Mexico and the U.S. \u201cI don\u2019t see it as sustainable. I don\u2019t find it plausible that corporate folks who surround Trump are going to sit back and allow him to destroy their foreign markets.\u201d<br \/>Gabriela Siller, economic analyst with Mexican financial group Banco Base, said in the short term, the tariffs could boost inflation, disrupt economic trade flows and slow economic growth for both countries.<br \/>But as she watched the gradually falling Mexican peso, she also noted \u201cthe exchange rate and volatility have not skyrocketed, as the market speculates that the U.S. government could withdraw the tariffs soon.\u201d<br \/>Mexico has the most to potentially lose in a trade war with the U.S., and economists say extended tariffs would plunge Mexico\u2019s economy into a recession.<br \/>But for now, Sheinbaum\u2019s approval ratings in Mexico are sky high. She has fanned nationalist sentiment since before Trump took office, frequently invoking Mexico\u2019s sovereignty, promising it will negotiate from a position of equals and pushing back on Trump\u2019s name change of the <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\"         data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/gulf-mexico-america-sheinbaum-trump-google-maps-81daabb926ab2bc4d90eb5665d96f515\">Gulf of Mexico to Gulf of America<\/a><\/span>.<br \/>Sunday\u2019s public event announcing Mexico\u2019s retaliation will look to seize upon Sheinbaum\u2019s popularity and the sense of national unity.<br \/>Still, that was little comfort to those whose livelihoods could be most affected.<br \/>At the U.S.-Mexico border, 58-year-old truck driver Carlos Ponce drove his truck packed with auto parts from Ciudad Juarez to El Paso, Texas, as he\u2019s done for decades. But he and many others along the border were holding their breath.<br \/>\u201cThings could change drastically,\u201d said Ponce, who worried that transporters like him could lose their jobs or have to drive longer distances to marine ports as Mexican manufacturers look for other trading partners.<br \/>Long lines of trucks marked the Ciudad Juarez border crossing ahead of the tariffs.<br \/>\u201cThere\u2019s a lot of things that aren\u2019t defined yet and I\u2019m sure they\u2019ll be rapidly redefined,\u201d said Alan Russell, the head of Tecma, an American company that helps manufacturing businesses set up shop in places like Ciudad Juarez.<br \/>He expressed doubt over Trump\u2019s narrative that the tariffs would push American companies to return to the U.S. to set up factories: \u201cNobody is going to move their factory until they have certainty.\u201d<br \/>Russell said just last week his company helped a new manufacturer that moved from North Carolina to Mexico because it was not able to find enough workers.<br \/>Manuel Sotelo, whose truck fleet moves products across the border every day, was shocked that tariffs went into effect after the steps Mexico\u2019s president has taken to comply with U.S. demands to crack down on cartels and fortify the border. They include sending 10,000 troops to the border.<br \/>\u201cMexico made huge leaps and bounds,\u201d said Sotelo, a Trump supporter who has a bobblehead doll of him on display in his office. \u201cI really did think yesterday afternoon or last night Trump would have reversed course.\u201d<br \/>Follow AP\u2019s coverage of Latin America and the Caribbean at <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\"         data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/hub\/latin-america\">https:\/\/apnews.com\/hub\/latin-america<\/a><\/span><\/p>\n<p>Copyright 2025 The Associated Press. All Rights Reserved.<\/p>\n<p><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMiigFBVV95cUxNd0hNRldkZnFuN0hfa1dPV3RXUHNHb3B1ajhqT081RHRYQzNvaTBmM2ZDSEhKa0hickdIajNNLWNlbDBKLXNSc2t1MEI0QmJodzJvbnplTzY3enNUcTdQUFlUTFk4TjRZSUxoSENXUmlvZm1ZYmtYREFLako2VW5FOTQ5RVFrdEN4SlE?oc=5\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Copyright 2025 The Associated Press. All Rights Reserved.Mexico President Claudia Sheinbaum said Tuesday that Mexico will respond to 25% tariffs imposed by the United States with its own retaliatory tariffs on U.S. goods.U.S. President Donald Trump\u2019s long-threatened tariffs are here, plunging the country into an escalating trade war with China, Canada and Mexico. In response, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":128766,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-128765","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","entry"],"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/128765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=128765"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/128765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/128766"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=128765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=128765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=128765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}