Mexico plans to increase tariffs on imports from China.
Info via a Bloomberg report:
- Mexican government to raise tariffs as part of its 2026 budget proposal
- The government taking its cues from requests from Trump, also seeking to shelter domestic industries from low-cost competition
- tariff increases will apply to sectors such as automobiles, textiles, and plastics
This article was written by Eamonn Sheridan at investinglive.com.