Mexico to Raise Tariffs on Imports From China After US Push

The Mexican government has announced its plan to raise tariffs on imports from China as part of its 2026 budget proposal. This move is seen as a response to the longstanding demands of US President Donald Trump, who has been pushing for measures to protect American businesses from cheap Chinese imports. The proposed tariff increase is aimed at shielding Mexican businesses from the influx of low-cost Chinese products, which have been a cause of concern for both the US and Mexico. The decision is expected to satisfy Trump's calls for a more balanced trade relationship between the two countries. The announcement comes at a time when trade tensions between the US and China have been escalating, and Mexico finds itself caught in the middle. The Mexican government's decision to raise tariffs on Chinese imports is seen as a strategic move to align itself with the US while also protecting its own domestic industries.