Mexican president warns Trump tariff threat ‘would lead to inflation and job losses’ for both countries

Source: The Patriot Light | AWK Network | VIEW ORIGINAL POST ==>

Mexican President Claudia Sheinbaum responded to the threat of tariffs from President-elect Donald Trump by warning that a trade war would lead to higher inflation and job losses for both countries.

Trump on Monday said that he would issue tariffs on Mexico and Canada over their lack of effort in stopping illegal immigration as well as illicit drugs being smuggled into the U.S.

‘Such a measure would be unacceptable and would lead to inflation and job losses.’

On Tuesday, the recently elected president of Mexico responded in a letter to Trump.

“You may not be aware that Mexico has developed a comprehensive policy to assist migrants from different parts of the world who cross our territory en route to the southern border of the United States,” wrote Sheinbaum.

She went on to say that the program had led to a 75% decrease in encounters at the border between Dec. 2023 and Nov. 2024, based on data from U.S. Customs and Border Protection.

“For these reasons, migrant caravans no longer arrive at the border,” Sheinbaum continued.

“Among Mexico’s main exporters to the United States are General Motors, Stellantis, and Ford Motor Company, which arrived in Mexico 80 years ago,” she wrote….

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