MEXICO CITY, Nov 27 (Reuters) - Mexican President Claudia Sheinbaum said on Tuesday that Mexico would raise tariffs on imports from the United States if President-elect Donald Trump follows through on his threat to issue a 25% tariff on Mexican imports after taking office.

"If there are U.S. tariffs, Mexico would also raise tariffs," Sheinbaum said in a press conference on Wednesday, adding that doing so would allow "benefits" for Mexico in the event of tariffs from Washington.

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https://www.reuters.com/markets/mexico-would-raise-tariffs-if-us-does-so-first-president-says-2024-11-27/