Mexico is preparing for the possibility of facing 25% tariffs on Mexican and Canadian imports imposed by the Trump administration. President Claudia Sheinbaum assured the public during a press conference that the Mexican government is approaching the situation with a calm and strategic mindset.
President Sheinbaum emphasized that Mexico has contingency plans in place, including Plan A, Plan B, and Plan C, to address any decisions made by the US government. She reiterated the government's commitment to defending the dignity and sovereignty of the Mexican people while maintaining a stance of equality in dialogue with the US.
She stated, 'We will wait with a cool head to make decisions accordingly. We are prepared and will continue this dialogue.' President Sheinbaum highlighted the ongoing discussions between the Mexican government and the Trump administration on various topics.
The looming threat of tariffs from President Donald Trump has put both Mexico and Canada on edge. Trump announced plans to impose the tariffs on February 1, marking a significant shift in North American trade policy.