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China warns Mexico to ‘think twice’ before raising tariffs, threatens countermeasures
China’s Ministry of Commerce has warned Mexico of countermeasures as the country plans to hike tariffs on Asia-made cars to 50%. We “hope Mexico will be extremely cautious, and think twice before acting,” the ministry said in a statement late Thursday, translated by CNBC. “China and Mexico are mutually important trade partners,” the ministry said. “We are not willing to see both sides’ economic cooperation affected by this situation.” Mexico’s Secretary of Economy Marcelo Ebrard told reporters Wednesday that the country planned to raise tariffs on vehicles coming from Asia, particularly China, to ... (full story)
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From argusmedia.com | Sep 11, 2025
Mexico's industrial production declined by 1.2pc in July from the prior month, as manufacturing and construction got off to a weak start for the third quarter. The contraction in the July industrial activity indicator (IMAI), reported Thursday by statistics agency Inegi, follows on an updated 0.3pc decline in June — revised from the 0.1pc contraction Inegi ...
