Mexican President Claudia Sheinbaum holds a press conference to announce response to U.S. tariffs, at National Palace in Mexico City, Mexico March 4, 2025 REUTERS/Raquel Cunha
MEXICO CITY (Reuters) - President Donald Trump's across-the-board tariffs on goods from Mexico have not only left President Claudia Sheinbaum politically unscathed from likely economic damage but may strengthen her hand as Mexicans rally against perceived unfair treatment.
Mexico's economy is undoubtedly vulnerable to a trade war. Trump's 25% tariffs on Mexican products could lead to export losses of as much as $42 billion and a potential 4% hit to GDP, according to a report by the Wilson Center, a Washington-based think tank.
