US EditionMexico's Welcome Tariff Action Against China
3 Articles
3 Articles
Is Mexico Imposing a Massive Tariff Hike on China? 5 Facts About the New Import-Export Reform
Mexico and China have entered a trade dispute following the approval of the new General Import and Export Tax Law, proposed by the government of President Claudia Sheinbaum. The tariff changes, which Mexico supports and China opposes, were approved this week by the Mexican Congress, capping a year marked by US President Donald Trump’s global trade war. Trump has repeatedly threatened both Mexico and China with tariffs and has acknowledged his in…
Mexico recently approved imposing tariffs of up to 50% on Chinese goods, seen as a significant indicator of the shift in global trade policy towards China. Interviewed scholars analyze that Mexico's move is a response to pressure from the United States and an attempt to prevent China's excess production capacity from being exported through alternative routes. As countries tighten their tariff defenses, a structural trend is emerging internationa…
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