Mexican President Claudia Sheinbaum says Mexico could retaliate with tariffs of its own, after President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border.
  • @CitricBase
    48•8 hours ago

    This goes without saying, every country will levy retaliatory tariffs. It’s one of the reasons random tariffs are such a stupid idea to begin with.

  • @SanctusEnglish
    42•9 hours ago

    He’s not even in office and the trade wars are already starting. As if I wasn’t already living paycheck to paycheck

    • TimeSquirrel
      5•8 hours ago

      I forgot what it is that we actually export. Tires? Oranges/Almonds? Military hardware?

      • @inclementimmigrantOP
        13•8 hours ago

        A shit ton of electronics, oil, industrial equipment, plastics, and a surprising large amount of agriculture like pork, corn, dairy.

        We actually trade a crap ton with Mexico.

        • TimeSquirrel
          4•8 hours ago

          I would not have guessed electronics. Usually I think of China, Japan, and South Korea as major suppliers.

          • @taiyang
            5•3 hours ago

            If I remember right, it’s a supply chain thing where a ton of stuff gets made in China but is still a US product and sometimes finished here. Think iPhones, for example. Apple is still a US company, it’s not like China can just sell Mexico iPhones direct.

            Ps this is also why tariffs are extremely stupid.

  • @Bwaz
    4•7 hours ago

    Wow, who’da thought??