Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if U.S. president-elect Donald Trump followed through with his proposed 25 per cent across-the-board tariff, a move her government warned could kill 400,

President Claudia Sheinbaum of Mexico said she and the president-elect talked about Mexico’s efforts to curb fentanyl consumption and keep migrants from reaching the border.

Even as Mexico President Claudia Sheinbaum attempts to quell concerns over Donald Trump’s threat of 25% tariffs, economists are looking glumly at the trouble ahead should the US president-elect actually follow through.