US President Donald Trump on Monday threatened to impose additional 5% tariffs on Mexico, accusing the country of violating a bilateral water-sharing agreement. This decision came after Mexico, according to Trump, failed to meet its obligations to provide water to American farmers under the agreement. Trump emphasized that the tariffs would increase by 5% each month until Mexico begins to comply with the agreement. The decision has raised concerns among both business leaders and politicians, fearing an escalation of the trade conflict between the two countries.
