Mexican President Claudia Sheinbaum says that the incoming U.S. president’s plan to institute massive tariffs on Mexican imports would bring about mutually assured economic destruction.

Mexican President Claudia Sheinbaum threatened to implement retaliatory tariffs should Trump implement his proposed economic measures against Mexico.

Mexican President Claudia Sheinbaum on Tuesday warned U.S. President-elect Donald Trump of dire economic consequences for both countries from tariffs and suggested possible retaliation following his threat of across-the-board tariffs of 25% on Mexico and Canada.

Mexican President Claudia Sheinbaum said Mexico would retaliate if President-elect Donald Trump carries out his threats to slap a 25% tariff on Mexican and Canadian goods unless they address illegal migration and fentanyl trafficking.

With a Monday evening promise on Truth Social that his incoming administration will slap 25 percent tariffs on all goods from Canada and Mexico — as well as increasing already existing tariffs on China — Trump sent reporters (and investors,