Sheinbaum Calls for ‘Cool Head’ as Trump Sends Peso Tumbling
- Trump tariff pledge reignites fears he’ll target Mexico
- Sheinbaum says she’s focused on details rather than rhetoric
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President Claudia Sheinbaum called for cool heads to prevail after Donald Trump’s vow to impose hefty tariffs sent the country’s currency tumbling on fears that Mexico will become a target of his administration.
On his first day in the White House, Trump renewed his pledge to slap 25% tariffs on Mexican and Canadian goods, saying he may do so as soon as Feb. 1 if the countries don’t move to clamp down on migration and drugs. He also signed a raft of orders on immigration, declared an emergency on the southern border and pledged to designate Mexican drug cartels as foreign terrorist organizations.