Mexico's Senate approves tariff hikes on Chinese, other Asian imports

Mexico's welcome tariff action against China

Mexico’s legislature deserves praise for its stand against Beijing last week, approving a new law that will impose tariffs of up to 50% on Chinese imports. Backed by President Claudia Sheinbaum, the measure targets roughly $125 billion in annual trade and signals that Mexico is no longer willing to tolerate China’s long-running trade abuses. The Chinese Commerce Ministry understandably isn’t happy. Warning Mexico to proceed carefully, the minist…

Hard Numbers: Mexico’s tariffs, Myanmar’s government strikes hospital, Venezuela’s Machado makes escape to Oslo, US Fed cuts rates again

50: Mexico’s President Claudia Sheinbaum is taking a page out of US President Donald Trump’s book, implementing up to a 50% tariff on more than 1,400 products in a bid to boost domestic production. The tariffs are expected to heavily affect China, which has increased its shipping to Mexico as a way to bypass US tariffs, and come as the US has been pressuring it trade partners to distance themselves from China.34: Myanmar’s military struck a hosp…

Mexico lawmakers back bill raising China tariffs

Bringing Taiwan to the World and the World to Taiwan

Mexico Finally Gets With Trump’s Program, Slapping Mammoth Tariffs On CCP

Mexico approved a 50% tariff hike on the Chinese and several other Asian nations amid Trump's push to get Mexico to do its part in curtailing Beijing's influence.

Mexico approves sweeping tariffs on Asian imports in trade policy reversal

Mexico's Senate has finalised sweeping tariff increases on Asian imports, marking a decisive shift in the nation's traditionally liberal trade policy.

Mexico Approves Up to 50% Tariffs on China, Other Nations

Mexico’s Senate on Dec. 10 voted in favor of the bill that imposes tariffs of between 5% and 50% on more than 1,400 products from Asian nations that don’t have a trade deal with Mexico.