🌍 Rising trade tensions between the US and key partners like Mexico are triggering warnings from economists and officials worldwide. Critics say new tariffs by former US President Donald Trump could inflate costs for American consumers and deepen global economic divides.
Global Economists Sound the Alarm 🚨
Analysts warn the 25% tariffs on Mexican goods—announced via executive order—may backfire, raising prices on everything from avocados 🥑 to auto parts. Mexican Economy Minister Marcelo Ebrard called the move a 'flagrant violation' of the USMCA trade pact, emphasizing it 'harms US interests more than ours.'
Mexico Fights Back 💥
Lawmakers and experts in Mexico are pushing back hard. 'This isn’t just illegal—it’s economic self-sabotage,' said legislator Ricardo Monreal, while scholar Ignacio Martinez noted the tariffs could devastate Mexico’s manufacturing hubs and slash remittances vital to southern regions. 🇲🇽
With Mexico vowing to challenge the tariffs, the stakes for cross-border trade—and your wallet—are higher than ever. 💸
