Mexico promises retaliation against the United States If tariffs were raised to 25%, the United States would lose 400,000 jobs.

Mexican President Claudia Chainbaum has promised that Mexico will respond. If President-elect Donald Trump raises tariffs on imports from Mexico to 25% and warns that such measures will cause 400,000 people to lose their jobs in the United States.

She said, “If the United States imposes tariffs on imports, Mexico will also impose tariffs on imported goods. ”

At the same time, Marcelo Ebrard, Minister of Economy of Mexico said with Chainbaum Call for more cooperation and regional integration Instead of a retaliatory tariff war, the tariffs proposed by Trump could break trade agreements. between Mexico, Canada and the United States, the three countries also signed in 2020

Mr Ebrard warned that Trump’s measures will result in US companies losing many jobs. Declining growth and affecting US companies Made in Mexico Taxes paid will be doubled. “The impact on companies is terrible,” he said.

He said Trump’s tax hike would have an impact. Heavy car division and the price of cars will push up thousands of dollars for consumers.

Mexico is a trading partner. The largest in the United States And the Mexican auto industry is the most important manufacturing sector in the country. It is exported mainly to the United States, where Mexico accounts for nearly 25% of North American car production.