Mexico is weighing further trade measures to crack down on low-cost shipments into the country, an official said on Thursday, after slapping tariffs on so-called "de minimis" purchases largely coming from China.
Is it important to get the revenue from the Mexico tariffs? Because I know Mexico is sort of moving, it appears right now, for example, with respect to tariffs on things coming into Mexico from China,
President Donald Trump's 25% tariff on imports from Mexico to begin Tuesday will hit Chinese companies operating in Mexico
President Donald Trump announced on Truth Social that his planned tariffs against Canada and Mexico are going to go into effect on Tuesday, and that he would double the 10% tariff on China as well.
President Trump said Thursday that he plans to raise the tariff on imported good from China to a new high of 20 percent, potentially raising the prices of imported technology products even higher. A Trump post on the Truth Social network said that he would impose tariffs of 25 percent on goods imported from Canada and Mexico on March 4,
U.S. Treasury Secretary Scott Bessent said on Friday that Mexico has proposed matching U.S. tariffs on China in a move that he described as "very interesting" and one that Canada should match. Top Mexican officials have met with members of Trump's cabinet this week for trade talks ahead of a March 4 deadline,
US Commerce Secretary Howard Lutnick has indicated that tariffs on Canada and Mexico will be imposed from Tuesday as planned, but that their rate could be lowered.
Finance ministers and central bankers from the G20 top economies gather in South Africa on Wednesday and Thursday, for a meeting marred by the absence or curtailed attendance of key members and disputes over the main issues of climate, debt and inequality.
U.S. Treasury Secretary Scott Bessent encouraged Canada on Friday to follow Mexico in matching U.S. tariffs on Chinese goods as the two U.S. neighbors sought to avoid punishing 25% U.S. tariffs due on Tuesday over fentanyl trafficking.
Argentina's libertarian President Javier Milei came to office in late 2023 slamming China as a communist "assassin" and threatening to weaken ties with the Asian nation. Instead, exports to China including soy and lithium jumped 15% in his first year.
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