Mexico Moves to Boost Local Industry with Tariff Hikes on Asian Imports
Published on: Dec. 11, 2025, 7:38 a.m. | Source: Devdiscourse
Mexico's Senate approved tariff hikes of up to 50% on imports from China and other Asian nations, aiming to support local industries. The measure seeks to generate $3.76 billion in additional revenue and prepare for the USMCA review, despite opposition from business groups and affected countries.
