Mexico's Sheinbaum says government is prepared for possible US crude tariff
MEXICO CITY, Nov 29 (Reuters) -Mexico's President Claudia Sheinbaum said on Friday her administration had a plan to deal with the possible imposition of U.S. tariffs on Mexican crude oil, after President-elect Donald Trump threatened a blanket 25% import tax this week.
"If it were to happen by all means we have a plan, but ideally it would not happen," Sheinbaum told a morning press conference, adding she was confident Mexico would reach a deal with Trump. The U.S. is the top destination for Mexican crude exports.
Reporting by Ana Isabel Martinez; Editing by Brendan O'Boyle
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