Economy Ministry – Charm

USMCA partners urged to form joint economic security mechanism to address China challenge

Mexico stands by 50 per cent tariffs on Chinese goods, says move will protect 350,000 jobs

7 months ago02 mins

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,…

Mexico to raise tariffs on cars from China to 50% in major overhaul

Cs news11 months ago05 mins

By Ana Isabel Martinez and Adriana Barrera MEXICO CITY (Reuters) – Mexico said on Wednesday it will raise tariffs on automobiles from China and other Asian countries to 50%, in a broad overhaul of import levies the government said would protect jobs and analysts said was aimed at placating the United States. The Economy Ministry…