MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum said on Thursday that her government is considering imposing tariffs on imports from countries that do not have trade agreements with Mexico, including China. The tariffs would be part of “Plan Mexico”, an initiative to boost domestic industry amid tariffs imposed by U.S. President Donald Trump on some […]
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Mexico considering imposing tariffs on China, President says
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MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum said on Thursday that her government is considering imposing tariffs on imports from countries that do not have trade agreements with Mexico, including China.
The tariffs would be part of “Plan Mexico”, an initiative to boost domestic industry amid tariffs imposed by U.S. President Donald Trump on some imports from Mexico.
“We are considering imposing certain tariffs,” Sheinbaum said at her daily news conference, adding that the recipients will be countries that don’t have trade agreements with Latin America’s second largest economy, including China.
Sheinbaum did not provide details on which products or sectors could be affected.
Mexico is part of the United States-Mexico-Canada trade agreement (USMCA), which replaced the North American Free Trade Agreement in 2020 and was negotiated during U.S. President Donald Trump’s first term. The agreement requires the three countries to hold a joint review after six years.
(Reporting by Mexico City newsroom, editing by Stephen Eisenhammer and Natalia Siniawski)