Mexico's New Tariffs: A Trade Tactic?

Mexicos Congress approves steep tariffs on imported goods, primarily from non-FTA countries like China, to bolster domestic production. The move, backed by President Sheinbaums Morena party, is seen as a response to ongoing U.S. trade negotiations. China, Mexicos second-largest import source, is expected to be most impacted, with potential disruptions to supply chains and inflation.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.