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.
Trump is pressuring Mexico to impose tariffs. Guess who’s next?
Canada already tariffs China at the behest of the US.
Be a lot cooler if we didn’t