Mexico warns Trump tariffs would kill 400,000 US jobs, threatens retaliation

[MACH]

Mexico warns Trump tariffs would kill 400,000 US jobs, threatens retaliation
 

• Mexico plans retaliatory tariffs if US imposes 25% tariff
• Proposed tariffs could harm US automakers, raise vehicle prices, Mexico says
• USMCA trade deal up for review in 2026

MEXICO CITY, Nov 27 (Reuters) - Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if U.S. President-elect Donald Trumpfollowed through with his proposed 25% across-the-board tariff, a move her government warned could kill 400,000 U.S. jobs and drive up prices for U.S. consumers.

"If there are U.S. tariffs, Mexico would also raise tariffs," Sheinbaum said during a press conference, in her clearest statement yet that the country was preparing possible retaliatory trade measures against its top trade partner.

[MACH]

https://www.reuters.com/markets/mexico-warns-trumps-tariff-would-kill-400000-us-jobs-2024-11-27/

[Pavanonline]

Antha uthide ani cheppesadu ga, no tarrifs on Mexico