China said Thursday it’s investigating tariffs on certain goods proposed by Mexico.
The proposed Mexican tariffs are on more than 1,000 products from China and other Asian countries and include new import fees on cars, textiles, toys and other goods.
China’s commerce ministry said in a statement the measure will “seriously damage the trade and investment interests of Chinese companies.”
China also said it will launch an anti-dumping investigation into Mexican pecan exports to China.
Mexican President Claudia Sheinbaum says Mexico is suggesting high-level meetings to talk with Chinese officials. She said the tariffs are meant to boost domestic production in her country.
“What we want is to produce more in Mexico,” Sheinbaum told reporters Friday.
At the same time, Mexico is under pressure from the United States to reduce its trade relationship with China.
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Mexico will start delivering water it owes the United States this week. -
Governors from several of Mexico’s states, including Sonora, met in Mexico City for a security meeting to approve the new law. -
The plan does not make vape use in the country illegal, but does crack down on distributors and producers. -
The proposed import fees come as the United States pressures Mexico to become less economically reliant on China. -
That includes more than 11,000 non-Mexican deportees, according to Mexican President Claudia Sheinbaum.
