Trump Threatens Tariffs on Mexico and Canada

Donald Trump has warned of imposing tariffs on all Mexican imports unless drug trafficking and illegal immigration cease. Canadian Prime Minister Justin Trudeau is ready to support citizens and industries affected by potential tariffs. Economists stress the need for Mexico to demonstrate commitment to North American integration ahead of the next T-MEC renegotiation in 2026.


Trump Threatens Tariffs on Mexico and Canada

Donald Trump has expressed his annoyance at asymmetries in international trade, accusing the world of taking advantage of the United States. With the upcoming renegotiation of the United States-Mexico-Canada Agreement (USMCA) scheduled for 2026, the challenge for Mexico is to demonstrate its commitment to North American integration and resist pressures regarding tariffs, according to an economist.

In response to Trump's threats to impose tariffs on Canada and Mexico, arguing issues such as the flow of drugs and migrants, Justin Trudeau, the Prime Minister of Canada, has stated his willingness to support and compensate his citizens and businesses if these tariffs harm the Canadian economy. Trudeau has also promised strong retaliation in case tariffs are applied, indicating that he supports the idea of matching them dollar for dollar.

Donald Trump has announced the imposition of a 25% tariff on Mexico and Canada starting February 1. However, Idelfonso Guajardo, former Secretary of Economy, bets that the U.S. president will not carry out this measure and believes that the tariff announcements are part of a negotiation strategy by Trump.

For her part, the President of Mexico, Claudia Sheinbaum, has avoided confrontation regarding the tariffs, highlighting the importance of maintaining calm and acting according to the law. Sheinbaum has emphasized waiting for dialogue with the United States and evaluating the situation step by step, without jumping to conclusions.