Mexico to impose reprisal prices in the United States after China and Canada while the trade war heats up

Mexico (AP) – The president of Mexico, Claudia Sheinbaum, said on Tuesday that Mexico would respond to 25% Prices imposed by the United States With its own reprisals on American products.

Sheinbaum said that it would announce the products that Mexico will target Sunday in a public event in the central square in Mexico City, perhaps indicating that Mexico is still hoping to defuse the trade war launched by US President Donald Trump.

Unlike China and Canada, Mexico decided to wait until Sunday, although the country has declared since January that it had a plan ready to precisely this scenario.

Canada said it was going to slap the prices on more than $ 100 billion in American products in 21 days.

Sheinbaum said on Tuesday that there was no reason for penalties on some of the largest business partners for the United States

“There is no reason or reason or justification that supports this decision which will affect our people and our nations,” she said.

The prices that had been threatened by President Donald Trumpagainst Canada and Mexico I entered into force on Tuesday by increasing the risk of reprisals of the North American Allies of the United States.

From midnight just after midnight, imports from Canada and Mexico must now be taxed at 25%, with Canadian energy products subject to 10% import rights.

Sheinbaum rejected the “information sheet” published Monday by the White House which repeated the accusation that Mexican drug traffickers persist because “an intolerable relationship with the government of Mexico”.

The president of Mexico called him “offensive, defamatory and without support”, then listed the achievements of his young administration against the powerful drug cartels in Mexico, in particular by entering more than a ton of fentanyl and driving 329 methamphetamine laboratories. She also noted that Mexico had sent 29 personalities from the drug cartel requested by the United States to this country last week.

“We collaborate to avoid illegal drug trafficking in the United States, but as we have said on several occasions, the country’s government must also assume the responsibility of the opioid consumption crisis that caused so many deaths in the United States,” said Sheinbaum.

The president of Mexico added that the prices that will respond to Mexico will not respond “in no way or in order to start an economic or commercial confrontation which, unfortunately and unfortunately, is the opposite of what we must do”.

“It is inconceivable that they do not think about the damage that this will cause to citizens and companies in the United States with the increase in prices of things produced in our country,” said Sheinbaum. “Also the damage that this will cause by stopping the creation of jobs in the two countries. No one wins with this decision. »»

In response to prices on China, Beijing has announced additional prices of up to 15% on imports of American farm products, including chicken, pork, soybeans and beef, and widening controls with key American companies.

New from China price will take effect from March 10. They follow the American president Donald Trump In order to increase prices on imports of Chinese products to 20% in all areas. Those entered into force Tuesday, with 25% Prices On imports from Canada and Mexico.