Mexico has imposed tariffs on textiles, footwear, and steel due to unfavorable conditions for its domestic industry. This was stated by federal official Marcelo Ebrard during the 82nd Caintra assembly in Nuevo León. He explained that Chinese steel, for example, costs Mexico $150, but inspections indicate that these companies do not pay the same taxes or receive substantial subsidies. "We have nothing against China or any other country," Ebrard Casaubón said. He added that Mexico has the right to impose such tariffs to "level the playing field," which is currently very uneven in favor of these foreign companies. In response, China's Ministry of Commerce concluded that Mexico's measures "constitute barriers to trade and investment." Previously, Mexican President Claudia Sheinbaum had stated that these measures "are not aimed at China," but at all countries with which Mexico does not have trade agreements.
Mexico Imposes Tariffs, Citing Protection of Domestic Industry
A federal official stated that Mexico has increased tariffs on over 1,400 goods from countries with which it has no trade agreements, primarily China. He explained this is necessary to level the playing field, as foreign companies, according to inspections, receive substantial subsidies.