Mexico Considers Retaliatory Tariffs in Response to U.S. Trade Measures

Mexico's Economy Minister Marcelo Ebrard hinted at possible retaliatory tariffs against the U.S. if the Trump administration imposes tariffs on Mexican exports. The statement was made during an interview with Radio Formula, amid growing trade tensions between the two nations.


Devdiscourse News Desk | Updated: 12-11-2024 06:43 IST | Created: 12-11-2024 06:43 IST
Mexico Considers Retaliatory Tariffs in Response to U.S. Trade Measures
Marcelo Ebrard

In a significant trade policy development, Mexico's Economy Minister Marcelo Ebrard has indicated that the country might implement retaliatory tariffs on U.S. imports. This response is contemplated if the new Trump administration decides to impose tariffs on Mexican exports, a move that could escalate bilateral trade tensions.

Ebrard's comments were made during an exclusive interview with Radio Formula, drawing attention to Mexico's strategic considerations as they brace for potential shifts in U.S. trade policies. The statement highlights a proactive stance as Mexico prepares to safeguard its economic interests.

The minister's remarks underscore the uncertainties surrounding U.S.-Mexico trade relations under the incoming administration, suggesting a willingness by Mexico to explore all available measures to counter adverse trade policies.

(With inputs from agencies.)

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