Mexico's Congress Approves Tariff Hikes on Chinese Imports Amid U.S. Trade Negotiations
Mexico's Congress has approved significant tariff increases on over 1,400 products imported from China and other countries lacking free trade agreements with Mexico. The Senate passed the measure with a majority vote, following approval from the lower chamber. These tariffs, which can reach up to 50%, will affect a range of goods including textiles, shoes, appliances, and cars, starting in January. The move is seen as a strategic effort by President Claudia Sheinbaum's administration to bolster domestic production and as part of ongoing trade negotiations with the United States. The tariffs are also a response to the remaining tariffs imposed by the Trump administration on Mexican imports, particularly in the automotive, steel, and aluminum sectors. 
