Mexico stands by 50 per cent tariffs on Chinese goods, says move will protect 350,000 jobs
Economy Secretary Marcelo Ebrard on Monday defended Mexico’s decision to impose new tariffs on imports from China and other Asian countries, describing the move as a necessary step to protect hundreds of thousands of domestic jobs rather than a provocation to any trading partner. Affected imports span 17 sectors, including textiles, footwear, steel, aluminium, plastics,…