United States President Donald Trump on Monday dashed President Claudia Sheinbaum’s hopes of reaching a new agreement to stave off tariffs, announcing that 25% duties on all Mexican exports to the U.S. will take effect as scheduled on Tuesday.
“Very importantly, tomorrow tariffs, 25% on Canada and 25% on Mexico. … So they’re going to have a tariff,” Trump told reporters at the White House.
“So what they’ll have to do is build their car plants, frankly, and other things in the United States, in which case they have no tariffs,” he said.
Asked whether there was “any room left for Canada and Mexico to make a deal before midnight,” Trump said time had run out.
“No room left for Mexico or for Canada. No. The tariffs you know, they’re all set. They go into effect tomorrow,” he said.
“Just so you understand, vast amounts of fentanyl have poured into our country from Mexico, and as you know also from China, where it goes to Mexico and it goes to Canada. … And it comes in from Canada and it comes in from Mexico, and that’s a very important thing to say,” said Trump, who is also imposing an additional 10% tariff on Chinese imports.
The U.S. president said in late January that he would impose tariffs on Mexican and Canadian imports for three reasons — because migrants have “poured into” the United States via its southern and northern borders, because large quantities of drugs have flowed into the U.S, and because of “the massive subsidies that we’re giving to Canada and to Mexico in the form of [trade] deficits.”
Just before the tariffs were due to take effect in early February, Sheinbaum and Trump reached a deal that postponed the tariffs for one month. The Mexican president won significant praise for negotiating the postponement agreement, under which she agreed to deploy 10,000 National Guard troops to Mexico’s northern border.
After Trump’s announcement on Monday, the Mexican peso weakened, and closed at 20.71 to the US dollar, according to the Bank of Mexico. Trump’s announcement also caused stock markets in the United States to tumble.
Some analysts, including Banco Base’s director of economic analysis Gabriela Siller, have warned that U.S. tariffs on Mexican exports will cause the Mexican economy to go into recession.
On Monday afternoon, Siller wrote on X that she didn’t believe that “general tariffs” would take effect on Tuesday.
“At the last minute” — i.e. sometime on Monday night — “Trump will decide to postpone them,” she wrote. “In the remote case they enter into force, they won’t last very long.”
On Monday morning, Sheinbaum said her government would wait “to see what happens” with regard to tariffs.
“In this, we have to have mettle, calmness and patience,” she said.
“And we have plan A, plan B, plan C, plan D,” the president said, indicating that her government was prepared for any eventuality.
Asked whether she could speak to Trump about tariffs before they are scheduled to take effect at midnight Tuesday, Sheinbaum said that “everything is possible.”
Last November, the president said Mexico would retaliate with its own reciprocal tariffs on U.S. goods if duties were imposed on Mexican exports. However, in more recent times she has been less forthcoming about how Mexico would respond to tariffs imposed by its largest trade partner. Instead Sheinbaum has favored a wait-and-see approach.
As of 4:30 p.m. Mexico City time, the Mexican government hadn’t announced any intention to impose tariffs on United States imports in retaliation for the duties on its exports. For its part, Canada already has a plan to implement tariffs on imports from the U.S. Canadian Foreign Affairs Minister Melanie Joly said Monday that plan remains in place.
On Sunday, United States Commerce Secretary Howard Lutnick questioned the wisdom of Mexico and Canada retaliating against the U.S. with their own tariffs.
“If they think they’re going to retaliate, remember they have so much more that they sell to us than we sell to them. It’s not even close. … This is not a battle we’re ever going to lose,” he said.
For months, the Mexican government has focused on pointing out that United States tariffs on Mexican exports would have a detrimental effect on the U.S. economy. Economy Minister Marcelo Ebrard has said that 25% tariffs would cause the loss of 400,000 jobs in the United States and increase prices for U.S. consumers.
The United States’ imposition of tariffs on its southern and northern neighbors will also violate the terms of the USMCA free trade pact, which superseded NAFTA in 2020.
Following Trump’s announcement on Monday, Jason Crow, a Democratic Party congressman from Colorado, sent a message to U.S. workers via his X account.
“The President just put 25% tariffs on Canada & Mexico. Prices on your fruits, vegetables, clothing, electronics, and more will go up. Your 401(k) savings are going down. Donald Trump is hurting working people,” he wrote.
Mexico News Daily
Trump is the ultimate Silverback Gorilla; all chest beating and low intelligence. As if humiliating Zelensky in a set-up staged event and dropping any surveillance of Russian interference was not bad enough to completely alienate him with the rest of the world as he cozies up to Putin…Putin will eat him up and spit him up, as quoted. He is probbaly sitting at Mar el Lago thinking up the next way he can screw over ordinary Americans while his billionare buddies laugh all the way to the bank. MAGA supporters watch as prices go up and all government services erode, but you deserve the man you voted in. Millions do not.
Putin plays chess; Trump plays Chinese checkers. Hard to imagine we will have to put up with 4 years of this ineptitude. Musk is just as bad.
The hatred in US politics goes to new heights year after year. Anything idea that isn’t concurrent with yours, evidently, needs a reply of hate and derision. Personal attacks. Name calling. Happens on both sides. That dynamic is making life for me at least unbearable in the US.
I’m not afraid to have different ideas despite the hatred. That being said I’m against tariffs.
Well, it certainly looks like Trump can’t be trusted any more than Putin since he refuses to honor the USMCA Agreement that he himself negotiated. So much for any agreement with the USA.
My ancestors from the Revolution have to be rolling in their graves with this Donny come lately fascist in power and this is not a free pass for all the abuses caused by he democrats. I am embarrassed and I regularly apologize to folks in México.
Trump proves he is as untrustworthy as Putin. Trump is an illegitimate president. Our founding fathers didn’t have a felony clause in the constitution because they couldn’t even fathom that a felon would be a possible candidate. The constitution does not have to say the words that a felon is not eligible to be president.It is self evident. Trump is not president on the USA.
🍿🍿🍺🍺🇲🇽🇲🇽🇲🇽
Sorry, I’m not at all surprised. I am an American living here full time, and I am disgusted by the way they are treating our allies. Dear Pres. Scheinbaum, please, I beg you, please impose retaliatory tariffs because it’s only fair to Mexico!
How does higher import prices into Mexico benefit the Mexican people?
👍🏼
There are several issues with Howard Lutnick’s statement, both economically and strategically:
1. Trade Imbalances Don’t Guarantee Victory – While the U.S. does have a trade surplus with Mexico and Canada in certain sectors and an overall trade deficit with both countries, that doesn’t automatically mean retaliation is ineffective. Countries can target key U.S. industries, such as agriculture or manufacturing, to create political pressure.
2. Retaliatory Tariffs Are Designed for Maximum Impact – Canada and Mexico don’t need to match the U.S. dollar-for-dollar. They can target politically sensitive industries (e.g., U.S. farmers, automakers) where the impact is disproportionate. For example, in past trade disputes, Canada has targeted U.S. dairy and whiskey, while Mexico has hit U.S. pork and steel.
3. U.S. Businesses and Consumers Can Suffer – Many U.S. businesses rely on imports from Mexico and Canada. Tariffs increase costs for American companies and consumers, leading to higher prices and potential job losses.
4. Interconnected Supply Chains – The U.S., Canada, and Mexico have deeply integrated supply chains, especially in industries like auto manufacturing. Tariffs disrupt these systems, hurting all three economies rather than just punishing one.
5. Trade Wars Don’t Have Clear “Winners” – The idea that the U.S. “can’t lose” ignores historical evidence. Trade wars often lead to economic losses on both sides, and previous disputes (such as those under Trump’s tariffs) showed that U.S. industries suffered consequences, including higher costs and lost markets.
In summary, Lutnick’s argument oversimplifies the issue and ignores the real economic consequences of trade retaliation.
Again, Trumpy can’t be trusted! Both CDN and MX went out of their way to pacify him and he just ignored it. If I was Trudeau and Scheinbaum I would pull back my troops and deploy them where I want them not where he wants them. I would also stop.receiving migrants. On top of that match him with tariffs as there are so many ways to make his base pay for his arrogance. He just won’t play according to agreements he has previously reached and his base need to feel the repercussions of is actions?!? He thinks he and his advisors have the upper hand and though there is going to be some pain…he has to be stopped???!
Some of these comments by people sleeping under a rock Wake up you never Trumpers will never see daylight Trump will destroy Cartelss and Mexico will be a better place sorry Cladia and AMLO did nothing to destroy Cartels they would be killed if they took strong stance Trump is no fried of Russia many of you have been Watching the VIEW and MSNBC CARTELS HAVE TAKEN OVER MEXICO GET READY MEXICO TRENDING TOWARDS VALENZUELA AMLO has admitted his best friend is Maduro what does that tell you Expats better sell your real estate Value going Done down soon
Right. Drugs will stop entering.
Hahahaha
I’d bet my house against yours that that ain’t gonna happen. Just like it didn’t during prohibition.
Sand dollar?
Do you live in Mexico? Or just watch TV?
You have to live here and visited many states to saycartels have taken over
I live here , I disagree
Mexico needs to dramatically lessen the reliance on exports to the US. Mexico needs to be self-reliant and not vulnerable to the adverse whims of trading partners.
Ughhhh, the world is interconnected, and no amount of wishing and hoping is gonna make that not true. Capitalism finds a way, thank god. We are responsible for losing manufacturing. Our welfare payments that make jobs unnecessary. Taxation. Increasing regulations and bureaucracy that make it increasingly difficult and often impossible. And a workforce that has become lazy and is above it all.
“Stupid is as stupid does”. -Forrest Trump
He’s bankrupted business after business.
He bankrupted a casino!!
His administration 1.0 was a catastrophe.
My prediction: This is going to end in tears for a lot of people. 85% confidence level.
Let. China take over the trade. They would love to be Mexico’s customer instead of the US This will affect the us more
Here we go again, Frustrated people of Mexico, you can call Trump anything you like if that make you “feel better”. All this “cussing”‘ and “bad name calling” in not going to make “one bit of difference in the world. nor how you live day-by-day.. You are just an ordinary citizen with NO POWER to change, the circumstances that are happening. Life is “too short” to be and live “”100% frustrate “of something you can’t control,
Let’s face the real facts. Mexico has more to lose because Mexico “sells more to the U>S than the U.S. government “sells to Mexico and that is the “bottom line” to this discussion,
Also equally important, and “admit it, the Cartels have the” upper hand” in “corrupting the entire government officials, (including the ARMY, the NAVY) and all other lower-class governors and officials with “extra money” (bribs). As long as THE ENTIRE COUNTRY OPERSTES AND RUNS LIKE THAT,> mEXICO WILL CONTINUE TO BE A SECOND GRADE COUNTRY.
Trump wants to help all the Mexican people AND get “rid of the Cartels” hOW HARD IS IT TO UNDERSTAN THAT FACT? Trump is your “friend” but some people in Mexico are too “IGNORANT, stupid” and “dumb” to realize that fact. If you want to continue calling Trump “bad names” go ahead so your “blood pressure” won’t cause you to have a “heart attack” at work or while you and your family are discussing the new “tariffs”.dON’T HANG AROUND WITH PEOPLE WHO “HATE tRUMP” BECAUSE THEY WILL MAKE YOU MORE “FRUSTRATED”, not good for your health because these new tariffs are going to last a long time,
HONDA already announced today that they are moving their Handa manufacturing to Indiania in the U.S.
Ir’s just not worth it to get all frustrated,
You are so very wrong. Ordinary people do have power to change things. They have gotten EOs stopped by using the courts, to the co-presidents frustration.
Felon and adjudicated rapist trump (no name calling, just the facts) is setting out to Make Russia Great Again, and Mexico is just an easy misdirection and deception to take peoples’ eyes away from his goal – get folks focused on one source of the drugs and not the real problem of addiction and why it is such a terrible problem in the US.
And really: are you that simple minded to believe that the cartels have corrupted all Mexico’s government officials? Seriously?!
Are you seriously blind to the fact that once you get rid of one cartel, more will fill the void? It’s like gangs in the states. We got rid of the Italians and the Russians took over; done a fine job cleaning the US of our own “cartels.” You do know cartels is another word for a mob, gang, the things Dillinger and Capone ran and are currently giving money via shell accounts to our politicians?
Grow up Optimus. The States you so love to compare to Mexico are far more dirty than Mexico.
Your use of syntax, capitalization, and punctuation are unusual. Maybe that is why you seem so agitated and incendiary against Mexico and her people. Like you said, “It’s just not worth it to get all frustrated.”
I just assume English is not his first language
Optima , it had to be said , and you said it so clear that those Trump haters are gonna hate you too. Anyone who call Donald Trump dumb , its a hater or they are actually stupid for real , the intelligent people in the US elected Mr Trump to do exactly what he is doing right now !!
I’ve been ordering off Amazon Mexico website for over 7 years now. Just recently, if you order anything that is imported from the USA you NEED to add. CURP number (from a temporary or permanent resident card) that matches the property address you are sending it to and the correct name. You need the same information if you use the USA site to send to Mexico. So basically, only residents and citizens can order stuff from Amazon and have it sent from the USA.
Personally, I’ll be using products made in Mexico. Go Mexico 👍💯
Mexican president has stated that on this coming Sunday, she will announce the Tariffs on the USA! Good! 👍
Trump is a White Supremacist pawn of Putin who hates democracy in the US and everywhere else in the world. The United States can no longer be trusted to abide by any agreement because Trump, the narcissist grifter, has no integrity.
The United States, Mexico, and Canada are wedded to each other forever. Whatever the wisdom of NAFTA, the economies in North America are interconnected and cannot be separated without catastrophic cost for all 3 countries. The best hope is that, like his NAFTA negotiations in his first term, after obtaining minor modifications, Trump will announce victory to the cult members who are his supporters.
Best Wishes to Mexico. I hope that in 4 years it will not be embarrassing to be an American.
@HPLong1935@gmail.com
He has no plans to leave office in 4 years. His administration is currently working on changing the constitution. I’m sure it will pass like everything else.