Home » World » China Condemns Mexico’s Sharply Raised Import Tariffs

China Condemns Mexico’s Sharply Raised Import Tariffs

by Lucas Fernandez – World Editor

Beijing Condemns Mexico‘s ⁤New Import Tariffs, Alleging thay Target ​China

MEXICO CITY – ⁢Beijing ‍has voiced strong opposition⁣ to​ Mexico’s recently proposed ⁤import tariffs, asserting ‌they are specifically ⁣aimed⁣ at⁢ curbing Chinese⁣ goods. The tariffs, announced this week, ⁣will apply to a ‍range⁣ of products including steel,⁣ textiles, and possibly automobiles.

The move by Mexico reflects a combination of domestic protectionist measures ‍and geopolitical considerations,⁣ according to⁢ Diego Marroquin Bitar, a fellow at⁢ the Center for Strategic and⁣ International Studies (CSIS).⁤ The Mexican⁣ government‍ seeks ⁣to protect ‍industries‌ from perceived unfair competition, while together ⁢responding to increasing⁣ pressure ​from the United states.

“What once was one⁣ of the most open economies is⁢ turning increasingly​ protectionist,” Marroquin Bitar stated, highlighting Mexico’s concerns regarding Chinese ⁤overcapacity.

While Beijing warned it would “firmly protect” its ‍interests, Marroquin ⁢Bitar noted⁢ that China’s‌ leverage over Mexico is limited. Unlike ‍some Latin American ‌nations, Mexico has⁢ not participated‌ in ⁢China’s Belt and Road ‍Initiative ⁢and carries minimal China-linked debt. ⁢

He further explained that the tariff⁢ increases ​fall within the bounds of World ⁣Trade organization (WTO) regulations. “it’s perfectly fine for⁢ Mexico to increase their tariff levels within World Trade organization bounds,” he said. “China has other mechanisms outside the WTO to ​exert pressure, but Mexico’s close ties⁢ wiht Washington and Ottawa work in its favour.”

The⁢ tariff proposal also strategically positions Mexico ahead of the 2026 review of the US-Mexico-Canada ‌Agreement ⁢(USMCA), where rules governing⁣ automobiles and ⁢electric vehicles are expected to be a key point of ‌negotiation. Experts anticipate⁤ the “China factor”‌ will⁣ dominate the USMCA review, with the US likely pushing‌ for stricter content rules and​ safeguards against transshipment.

Marroquin Bitar believes Mexico’s actions represent a move towards⁣ a North American trade model prioritizing ‌internal flows while making it “increasingly difficult for ‍other ‍countries to enter.”

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