Mexican Finance Minister Rogelio Ramirez de la O stepped down on Friday in a widely expected move and was replaced by his deputy Edgar Amador, who vowed to maintain financial and economic stability.

Mexico’s president says the country will respond to the 25% tariffs imposed by the United States with retaliatory tariffs on U.S. goods, with details to come.

President Sheinbaum announced that Mexico will respond to the United States' 25% tariffs on its exports with "tariff and non-tariff measures."

Mexican President Claudia Sheinbaum on Tuesday condemned U.S. President Donald Trump's 25% tariffs on imports from Mexico and said her government would respond with its own measures, without immediately providing details.