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.

US President-elect Donald Trump's plan to impose high import tariffs on Mexican goods has sparked a discussion with Mexican President Claudia Sheinbaum on migration policy at their shared border. Sheinbaum on Wednesday described the conversation as "excellent" on social media platform X,

President Claudia Sheinbaum of Mexico said she had an "excellent conversation" with U.S. President-elect Donald Trump on Wednesday, lowering tensions stoked this week by the American leader's threat to impose tariffs.