Mexican President Claudia Sheinbaum says that the president-elect’s threat to enact massive tariffs on Mexican imports would lead to mutually assured economic destruction.

President Trump, migration and drug consumption in the United States cannot be addressed through threats or tariffs. What is needed is cooperation and mutual understanding to tackle these significant challenges.

PRESIDENT Claudia Sheinbaum said Mexico could retaliate with its own tariffs on Tuesday, after US President-elect Donald Trump threatened to impose 25 per cent import duties on Mexican goods. Mr Trump said he was making the threat to force Mexico to stop drugs and migrants from flowing across the border.