US-Mexico Trade Tensions Escalate Further Amid Tariffs and Retaliatory Measures

Published on 4.1.25

  The recent tensions between the United States and Mexico have escalated with US President Donald Trump's announcement of tariffs on Mexican goods. This move has sparked concerns about retaliatory measures from Mexico, which could further strain international relations in the region. In response to these developments, Illinois Governor J.B. Pritzker is set to meet with Mexican officials in Mexico City to discuss trade agreements and explore ways to mitigate the impact of tariffs. The meeting comes as a result of tensions between the US and Mexico over tariffs imposed on steel and aluminum in 2018, which led to retaliatory measures from both countries. The Association of American Automakers has warned that tariffs must be implemented in a way that avoids raising prices for consumers and preserves industry competitiveness. According to estimates from the Centre for Automotive Research, President Trump's latest tariffs on imported autos and metals could increase car prices by thousands of dollars. Canada and Mexico are planning to coordinate their efforts to retaliate against the US with tariffs on goods such as steel and aluminum. This move is seen as a response to the US's decision to impose tariffs on Canadian and Mexican steel and aluminum in 2018. The two countries aim to work together to counter US trade policies, particularly those related to tariffs imposed by former President Donald Trump.

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