Mexico Considering Tariffs Against China, Other Non-FTA Countries
Mexican President Claudia Sheinbaum confirmed that her government is considering imposing tariffs on countries with which Mexico doesn't have a trade agreement, including China.
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When asked at a Sept. 4 press conference if she is considering imposing tariffs on Chinese imports, Sheinbaum responded that "it is not about China," but rather tariffs against all countries "with which we do not have a trade agreement." She said this is in a similar vein as the steel tariffs imposed by her predecessor, President Andrés Manuel López Obrador, and stressed that it is part of her Plan Mexico, "that we proposed since entering the government."
Earlier in the press conference, Sheinbaum said that the best way to counter China's trade practices is the continuation and expansion of the USMCA trade agreement: "The best way to compete with the growth of China and other countries is to maintain the [USMCA] as a region."