The president of Mexico, Claudia Sheinbaum, made a statement on Tuesday, March 4, regarding Donald Trump's decision to impose tariffs of 25% on Mexico. Sheinbaum expressed her disapproval of this measure, mentioning that no one benefits from this decision and that the Government of Mexico will respond with both tariff and non-tariff measures on Sunday with an informational assembly in the Zócalo of Mexico City.
Facing the situation with Trump, Sheinbaum pointed out that despite Mexico reducing the flow of fentanyl and seizing a historic amount of drugs, Trump's actions are unjustified. She argued that statistics from the United States show a 50% decrease in fentanyl seizures from Mexico, highlighting Mexico's efforts to combat drug trafficking.
The president called on the Mexican people, conveying that Trump's tariff measures will affect both national and foreign companies operating in Mexico. Sheinbaum emphasized that Mexico's tariff plan does not seek to initiate an economic confrontation with the United States, and called for unity instead of economic and trade divisions.
Sheinbaum mentioned that despite the possible impacts, Mexico's internal growth relies on the domestic market, public investment, the increase in the minimum wage, and welfare programs. She stressed that Trump's decision will harm American consumers with price increases on various products, something that is already reflected at the border between Mexico and the United States.
Finally, Sheinbaum highlighted the concern about the negative impact of the tariffs on consumers and job creation, and urged consideration of the damage that this decision will cause.
