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Mexico's president orders retaliatory tariffs on the U.S. after Trump starts trade war


Published on 2025-02-01 21:20:45 - MSN
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  • President Trump announced sweeping tariffs on goods imported from Mexico, Canada and China, sending shocks through the global supply chain and raising fears about consumer costs.

Mexican President Andrés Manuel López Obrador has announced retaliatory tariffs on U.S. imports in response to former President Donald Trump's initiation of a trade war. This decision comes after Trump imposed tariffs on Mexican goods, escalating tensions between the two nations. The Mexican tariffs target a variety of U.S. products, aiming to pressure the U.S. into reconsidering its trade policies. This move is part of a broader strategy to protect Mexican industries and workers from the adverse effects of the trade war, highlighting the interconnected economic relationship and the potential for further economic friction if negotiations do not progress.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/markets/mexico-s-president-orders-retaliatory-tariffs-on-the-u-s-after-trump-starts-trade-war/ar-AA1yfGpY ]
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