Mexico Hits Chinese Imports with Up to 50% Tariffs in 2026
Mexico’s Congress approved tariffs as high as 50% on thousands of Chinese imports effective January 2026, targeting sectors like autos, textiles, steel, and plastics to boost domestic production and cut the trade deficit. China, Mexico’s second-largest supplier at $130 billion annually, faces the biggest hit alongside other non-FTA nations like India, South Korea, and Thailand.…
