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.

President Claudia Sheinbaum said she was willing to engage in talks on the issues of drugs and migration but suggested that the U.S. shared blame for its problems.

Donald Trump's pledge to slap tariffs on imports to the U.S. from Mexico could be more damaging for European car makers like Volkswagen and Stellantis and their suppliers than any direct tariffs on EU goods,