Mexico Hints at Retaliation to Trump’s Tariff Threats (2)

President Claudia Sheinbaum suggested Mexico could respond to Donald Trump’s threatened tariffs with levies of its own, warning the economic consequences would be dire.

Sheinbaum, reading aloud Tuesday from a letter she directed at the US president-elect after he vowed to slap 25% tariffs on all goods from Mexico and Canada, said cooperation would be a better way to curb the flow of migrants and illegal drugs.

“One tariff will be followed by another in response, and so on until we put common companies at risk,” Sheinbaum said at her daily press conference in Mexico City. “The main exporters ...