Mexico to raise tariffs on China from 2026

AWANI

Mexico plans to raise tariffs on Chinese imports starting 2026 to protect domestic industries, with higher duties on cars, textiles and plastics expected under President Claudia Sheinbaum’s upcoming budget proposal.

Transcript

00:00Mexico is raising tariffs on China from 2026 to protect its economy from low-cost imports.

00:08The country's 2026 budget proposal, due next month,

00:11is set to introduce several protectionist measures against low-cost Chinese imports.

00:18Bloomberg News citing sources report that Chinese cars, textiles and plastic-based goods may face higher import duties.

00:26This is aimed at sheltering domestic manufacturers from subsidized Chinese competition.

00:32Mexican President Claudia Shinbaum's draft proposal is expected to be presented to Congress for approval in September.

00:40When asked about the report, Chinese Foreign Ministry spokesperson Guo Jiakun said China opposes restrictions imposed under external coercion.

00:49Bloomberg reported that Mexico's move appears designed to meet a long-standing demand from U.S. President Donald Trump.

00:57And it will now stay.

00:57choix.

00:58��

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