Market confidence, China tariff hikes and military scandal

Market confidence, China tariff hikes and military scandal

The week of September 8-12, 2025, showcased Mexico’s complex economic position as the Sheinbaum administration unveiled a 10 trillion-peso budget for 2026 while defending controversial tariff increases that put her government squarely between competing pressures from China and the United States. Against a backdrop of high-stakes diplomacy and several violent tragedies, a new Mexican-made airplane…

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Sheinbaum rejects China's charge that Mexico's tariffs are coerced

Sheinbaum rejects China’s charge that Mexico’s tariffs are coerced

After China criticized a proposed tariff hike on car imports from Asian countries that would have considerable impact on China, President Claudia Sheinbaum said her administration would seek to address the Asian giant’s concerns. However, the president pushed back on the Chinese Foreign Affairs Ministry’s accusation that the announced tariffs were “taken under coercion to…

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Mexico is planning to raise tariffs on Chinese imports

Mexico is planning to raise tariffs on Chinese imports

In keeping with a key objective of its Plan México economic initiative, the Mexican government intends to increase tariffs on Chinese imports, the Bloomberg news agency reported on Wednesday. Bloomberg said that the Mexican government “plans to increase tariffs on China as part of its 2026 budget proposal next month, protecting the nation’s businesses from…

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