Source: China – South China Morning PostMexico is preparing to raise tariffs on Chinese imports of automobiles, textiles and plastics, Bloomberg News reported on Thursday, under a proposal expected to be part of the 2026 budget to be submitted to the nation’s Congress next month.
If confirmed, the increase would mark one of Mexico’s sharpest trade shifts in recent years. Officials in Washington have urged the move as part of US President Donald Trump’s push to build a “Fortress North America” and reduce dependence on Chinese supply…Read More