Why Is Brazil Concerned About Mexico’s Tariffs on China and Asian Countries?

El Financiero

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The recent tariff reform approved by the Congress of the Union triggered alerts in Brazil, which notes with caution the possible effects on its commercial relationship with Mexico.The Brazilian government warned that the measure will impact imports from countries without free trade agreements with Mexico, including several Asian economies.Although the change does not point directly to Brazil, the concern lies in the collateral effects it could g…

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A surplus of up to 50% of Brazilian exports to Mexico was approved by the country's parliament

Globo

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Representatives of the Brazilian government have kept conversations with Mexican authorities to deal with the possible effects of tariff changes

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The Brazilian government has noted that the automotive sector will be less affected