Mexico Approves Higher Tariffs on China

Mexico Approves Higher Tariffs on China. Mexico Approves Higher Tariffs on China.

Mexican lawmakers on Wednesday approved a measure to raise tariffs on imports from China and other Asian countries without a trade agreement with Mexico, despite strong objections from Beijing.

The initiative, led by President Claudia Sheinbaum and pending Senate approval, targets products including automobiles, textiles, clothing, plastics, and household appliances, with Chinese goods expected to bear the brunt.

Tariff rates were reduced from an initially proposed 50 per cent to between 20 and 35 per cent for most categories, though the 50 per cent rate will still apply in limited cases. The Sheinbaum administration said the measure aims to bolster the domestic market and reduce import reliance, though critics warned it could drive up local prices.

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Mexico Approves Higher Tariffs on China

Some analysts suggested the move may also respond to pressure from US President Donald Trump, who has pursued a trade conflict with China. Beijing has opposed the tariffs, describing them as coercive and previously advising Mexico to reconsider the plan.

The lower house of Congress passed the proposal by 281 votes to 24, with 149 members abstaining to allow for further debate. The measure now proceeds to the Senate for consideration. Other affected countries include South Korea, India, Indonesia, Russia, Thailand, and Turkey.

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