• streetfestival@lemmy.ca
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    5 days ago

    Mexico is preparing to raise tariffs on Chinese imports of automobiles, textiles and plastics

    It cites a Bloomberg report that it doesn’t link to. Every sentence supporting the title is “US pressuring Mexico to” not “Mexico has suggested.” Feels like US propaganda tbh.

    Of note, Mexico is building a national EV (source), so they could theoretically have non US-related motives to consider tariffs on Chinese EVs

    Mexico’s “Olinia”, for instance, is a planned EV line set to be led by a new federal ministry, with a focus on affordability. As noted in its initial press release, the target demographic is families and young people, with three models expected to cost between US $4,400 to US $7,400—significantly lower than other EVs sold in the country.