Agriculture
Mexico Prepares Countermeasures Against Potential U.S. Tariffs
2025-01-30

Amidst growing tensions over trade policies, Mexico is gearing up with its own strategy in response to potential tariffs from the United States. President Claudia Sheinbaum expressed skepticism about the likelihood of these tariffs being imposed but confirmed that her government has a contingency plan ready. The proposed retaliatory measures would target specific American goods, aiming to minimize disruption to key industries while exerting economic pressure on regions crucial to U.S. politics. Meanwhile, Howard Lutnick, nominated for the U.S. Commerce Department, indicated that avoiding tariffs hinges on improved border security and addressing migration concerns.

The possibility of tariffs looms large over North American trade relations. Should the U.S. decide to implement these tariffs, Mexico stands prepared with a series of counter-tariffs designed to protect its economy. According to insiders, these retaliatory actions would primarily affect agricultural products and metals, sectors that have significant political weight in the United States. These measures are intended not only as a defensive move but also as leverage in ongoing negotiations.

In recent developments, President Sheinbaum addressed the nation during her morning briefing, stating that while the Mexican administration does not anticipate the tariffs coming into effect, it remains vigilant and prepared. “We do not believe this will occur,” she remarked, emphasizing that if such actions were taken, Mexico has devised a comprehensive response. This stance underscores the country's readiness to safeguard its interests in the face of unpredictable international trade dynamics.

Insiders familiar with the matter revealed that the initial wave of retaliatory tariffs could range from 5% to 20%, strategically targeting items like pork, cheese, apples, grapes, potatoes, cranberries, bourbon whiskey, as well as manufactured steel and aluminum. These products were selected due to their substantial impact on areas that strongly supported President Trump, thereby applying pressure where it matters most politically. Such a strategic approach aims to foster dialogue and encourage resolution without causing undue harm to either economy.

Howard Lutnick, during his confirmation hearing, highlighted the importance of reciprocity in trade relations, aligning with President Trump's broader goals. He emphasized the need for better treatment in global trade environments and suggested that tariffs could serve as a tool to achieve fairness and respect. Lutnick's stance reflects a shift towards more assertive trade policies, potentially influencing future negotiations between the two nations.

Mexico's proactive approach demonstrates its commitment to maintaining robust trade ties while ensuring its economic sovereignty. By preparing detailed plans for retaliation, the country seeks to mitigate any adverse effects of external trade pressures. This strategic preparation sets the stage for constructive dialogue aimed at preserving mutual benefits and fostering long-term stability in North American trade relations.

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