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Mexico Weighs Legal Action After Musk’s Cartel Allegations

President Claudia Sheinbaum speaks during a press conference about the wave of violence in Mexico, following the killing of drug lord 'El Mencho', at Palacio Nacional in Mexico City Mexico’s President Claudia Sheinbaum is considering legal action against tech billionaire Elon Musk after he publicly suggested she was influenced by drug cartels. The accusation, made on Musk’s platform X, came shortly after Mexican security forces captured and killed CJNG cartel leader Nemesio “El Mencho” Oseguera. Sheinbaum dismissed the claims as baseless and “absurd,” emphasizing that government lawyers are reviewing possible legal steps. She reiterated that her administration seeks peace rather than a return to militarized drug-war strategies, despite the country’s ongoing struggle with cartel violence and tens of thousands of missing persons.  Musk’s comments referenced a 2025 video of Sheinbaum discussing cartel-related violence, alleging she was “saying what her cartel bosses tell her to...

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Tariff Tipping Point: Trump Unleashes Reciprocal Tariffs

 

In a dramatic escalation of trade tensions, President Donald Trump declared today that reciprocal tariffs are set to take effect. Speaking in an emphatic post on his social media platform, Trump proclaimed, "Today is the big one: reciprocal tariffs!" The announcement signals that the administration will match any tariffs imposed on U.S. imports by other nations—a move aimed at leveling the playing field for American manufacturers.

While details remain sparse, the president hinted that the new policy will target countries that levy higher duties on U.S. goods, a tactic intended to protect domestic industries and generate additional government revenue. Economists, however, warn that such measures may ultimately burden American consumers with higher prices and disrupt global supply chains.

Market watchers are already anticipating swift retaliatory responses from key trading partners such as China, Canada, and Mexico. As the global trade landscape braces for further volatility, investors and businesses alike are keeping a close eye on the unfolding tariff war, which could signal a new chapter in U.S. trade policy.

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