MEXICO CITY, MEXICO (Fidencio Casillas and Pietro D. Pitts, Energy Analytics Institute, 2.Feb.2025) — The 25% tariff proposed by US President Donald Trump on all Mexican imports into the US will affect both countries, according to Mexico’s president Claudia Sheinbaum Pardo. But, in particular the tariff will have serious consequences for the US economy, as it will dramatically increase the cost of all products exported from Mexico to the US.
It will add 25% to the cost, Sheinbaum said 2 Feb. 2025 during her mañanera or daily briefing with the media.
