Mexico warns that U.S President-Elect Donald Trumps tariff increase would kill four hundred thousand U.S jobs. The economy Minister Marcelo Ebrard also warns that they will retaliate.
Mexico says that the proposed tariffs of 25 percent for import goods by U.S. President Elect Donald Trump would severely impact U.S. jobs, raise consumer prices, and disrupt key industries like the automotive manufacturing. Aswell as affecting US companies the move will impact other countries such as Canada and China.
Now Mexico warns they could retaliate.
Mexican Economy Minister Marcelo Ebrard said during a press conference that the impact of a 25% tariff hike would be significant, explaining that if the tax were imposed on the companies along with many others, it could affect 400,000 jobs in the United States.
Ebrard also says that the tariffs could violate the The United States-Mexico-Canada Agreement trade deal and harm US companies in Mexico. The proposed tariffs, which Trump claims are aimed at curbing drugs and migration, could also increase vehicle prices by $3,000.
In Canada, the federal government and provincial leaders have united in opposition to Trump’s proposed tariffs. Finance Minister Chrystia Freeland emphasized that Canada would respond in a coordinated manner, stating that the country must work together, remain strong, and tackle the challenge intelligently. She highlighted that discussions focused primarily on the border and the Canada-US trade relationship.
Meanwhile, with China, Trump proposes a 10% tariff on Chinese products. He argues that the tariffs are essential to combat illegal immigration and drug trafficking, despite border apprehensions reaching four-year lows.
China’s state media has praised U.S. companies like Apple and Tesla for strong collaboration with Chinese partners, as Trump moves forward with his tariff plans. The Chinese embassy official warned that no one will win a trade war.
Iran and Israel said on Monday (8 June) they had halted attacks on each other following an appeal from U.S. President Donald Trump, as Axios reported...
The United States has added some of China's biggest technology and automotive companies, including Alibaba, Baidu, BYD and Nio, to a Pentagon list of ...
Türkiye, Azerbaijan and Georgia signed the Istanbul Declaration on Monday, reaffirming their commitment to stronger regional cooperation, connectivit...
Thousands of revellers packed Berga's main square as fire-devil performers showered the crowd with sparks during Catalonia's UNESCO-listed La Patum fe...
Russian drone and missile attacks on Ukraine's north-eastern Kharkiv region killed a pregnant woman and two other people, Ukrainian officials said on ...
Iran and Israel said on Monday (8 June) they had halted attacks on each other following an appeal from U.S. President Donald Trump, as Axios reported that Trump had privately told Benjamin Netanyahu “be careful, or you will be on your own very soon”.
Iran and Israel have halted strikes on each other, but Tehran has warned it will recommence attacks if Israel continues military action in Lebanon. U.S. President Donald Trump and Lebanese President Joseph Aoun have meanwhile made pleas for peace.
Somali referee Omar Abdulkadir Artan has been denied entry to the United States, preventing him from taking part in the FIFA World Cup 2026 and ending what would have been a historic moment for Somali football.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 8 June, covering the latest developments you need to know.
Armenian Prime Minister Nikol Pashinyan's Civil Contract party has won the Armenian elections, picking up nearly half the vote. With a majority in parliament, Pashinyan is set for a third term as Prime Minister. But an opposition politican has said he will challenge the election results.
The results of Armenia’s parliamentary elections will determine the makeup of the National Assembly and shape the country's political direction for the foreseeable future. But in Armenia, the final result is not decided by vote percentages alone. Here's how it works.
Barcelona is preparing to mark a historic milestone in the legacy of architect Antoni Gaudí as Pope Leo XIV visits the city this week to inaugurate the Tower of Jesus Christ at the Sagrada Família basilica, almost exactly 100 years after the visionary architect’s death.
Iran and Israel have halted strikes on each other, but Tehran has warned it will recommence attacks if Israel continues military action in Lebanon. U.S. President Donald Trump and Lebanese President Joseph Aoun have meanwhile made pleas for peace.
Iran and Israel said on Monday (8 June) they had halted attacks on each other following an appeal from U.S. President Donald Trump, as Axios reported that Trump had privately told Benjamin Netanyahu “be careful, or you will be on your own very soon”.
Russian drone and missile attacks on Ukraine's north-eastern Kharkiv region killed a pregnant woman and two other people, Ukrainian officials said on Tuesday, as renewed diplomatic efforts to end the war continued.
At least 37 people have died after a powerful earthquake struck the southern Philippines, as rescuers continued searching a collapsed commercial building for survivors in General Santos on Tuesday.
The Football Federation Islamic Republic of Iran (FFIRI) has accused the U.S. of preventing Iranian supporters from attending the country's World Cup matches after its allocation of tickets was withdrawn just days before the tournament begins.
The United States has added some of China's biggest technology and automotive companies, including Alibaba, Baidu, BYD and Nio, to a Pentagon list of firms it believes are linked to Beijing's military.
The Democratic Republic of Congo's latest Ebola outbreak has claimed more than 100 lives, with health authorities warning that armed conflict and attacks on aid workers are hindering efforts to contain the disease.
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