Mexico is set to join the US with tariffs and will raise duties on Chinese goods under its 2026 budget plan, Bloomberg reported on Wednesday. The proposal, due next month, targets cars, textiles, and plastics to shield local industries from cheap imports.
US pressure on Mexico stems from President Trump's claim that cheap Chinese goods slip into Mexico before heading north. Last month, Trump granted Mexico a temporary reprieve from higher tariffs after a call with Mexico's president Claudia Sheinbaum.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.