Mexico's sweeping new tariffs on imports from mostly Asian countries are ​set to take effect on Thursday, in a move that will largely align Mexico with the U.S. as the neighboring countries place significant barriers on Chinese imports. Approved by Congress in early December, the measure raises tariffs - most up to 35% - on countries without free trade agreements with Mexico, including China, India, South ⁠Korea, Thailand and Indonesia. China is expected to bear the greatest impact. The hikes will apply to thousands of products, including automobiles, auto parts, textiles, clothing, plastics and steel. The move has ... (full story)