The Mexican president, Claudia Sheinbaum, stated on Tuesday that Mexico will not adopt a retaliatory stance as the nation prepares for fresh U.S. import duties set to take effect later this week.
The head of the largest trade ally to the United States addressed the media ahead of President Donald Trump’s anticipated declaration of “reciprocal” tariffs, which would include 25 percent duties on imported automobiles and automotive components.
Mexico has previously committed to a “holistic response” to Trump’s tariffs, maintaining a approach that emphasizes negotiation as a priority.
However, Sheinbaum stated on Tuesday, “We do not subscribe to the concept of tit-for-tat, as it invariably results in a negative outcome.”
She emphasized that “naturally, actions are implemented (in Mexico) since actions are also carried out elsewhere, yet ongoing communication remains essential.”
Trump has said he will unveil a raft of so-called “reciprocal tariffs” Wednesday, on what he has dubbed America’s “Liberation Day.”
He insists the duties are necessary to combat trade imbalances with other countries.
Mexico’s economy is seen as highly susceptible to Trump’s tariffs because of its strong trading ties with the United States.
This South American country hosts numerous automobile assembly facilities owned by international firms such as Ford, General Motors, BMW, Volkswagen, and Toyota.
Over 80 percent of Mexico’s exports are destined for the United States, which includes approximately three million vehicles annually.
Sheinbaum stated that her administration would await the specifics of Trump’s announcement on Wednesday before formulating an appropriate response.
She stated during her daily press briefing, ‘We are uncertain, as no nation globally has precise knowledge of what will be unveiled on April 2.’
Regarding immigration issues, Sheinbaum emphasized that although this presented another area of disagreement with America, her administration was ready to “work together” with the U.S., yet not be “subordinated” to its approach.
“The president answers to one authority only, and that is the people of Mexico,” she said.
Last Friday, Sheinbaum received a visit from U.S. Homeland Security Secretary Kristi Noem, who mentioned that she presented President Biden with a list of requirements aimed at reducing immigration. This included requests for enhanced oversight of Mexico’s border with Guatemala.
Guatemala is a transit country for many migrants trying to reach the United States from South America.