A range of experts, from Nobel Prize-winning economists to an internet-famous menswear writer, have a message for Americans who voted for Donald Trump based on his promises to bring down prices: This likely won’t go how you want.

Mexico’s government on Monday signaled that it planned to hit back with trade restrictions of its own if President-elect Donald J. Trump followed through on his threats to impose sky-high tariffs on Mexican exports to the United States.

Mexico would retaliate with its own tariffs on U.S. imports if Donald Trump follows through on his threats to impose 25% duties on Mexican goods, the country's secretary of economy Marcelo Ebrard warned.