President Claudia Sheinbaum Pardo said tariffs could cause more inflation and result in job losses for the U.S. and Mexico.

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.

The president-elect said that he would impose the across-the-board tariffs on Day 1 and that they would stay in place until Canada, Mexico and China halted the flow of drugs and migrants.