Mexico to discuss tariff hikes with China and others before making law

Mexico is delaying tariff hikes on nearly 1,500 products from China and other Asian countries to engage in discussions, a move reminiscent of trade tensions seen during the era of Donald Trump.

• President Claudia Sheinbaum announced that Mexicos Congress will pause on proposed tariff increases on nearly 1,500 products from China and other Asian nations.
• This decision aims to facilitate discussions with affected countries before finalizing the tariff changes, reflecting a careful approach to international trade relations.
• The proposed tariff hikes are significant as they echo trade strategies reminiscent of Donald Trump, who previously implemented similar measures during his presidency.