Mexico Approves 50% Tariffs on Many Chinese Imports

Mexico Approves 50% Tariffs on Many Chinese Imports

Mexico's Congress has approved up to 50 percent tariffs on Chinese imports, aligning with U.S. pressure to distance itself from China 1. The tariffs, which will take effect in January, target a wide range of goods and represent one of the most significant moves to comply with President Trump's push for other nations to reduce their reliance on China.