Chinese companies looked to Mexico more than most. Their investment in the country has surged. Mr Trump (who has already threatened to apply a tariff of 25% to Mexican imports “on day one” unless it stops migrants and drugs from illegally crossing the border) believes those firms are using Mexico as a tariff-free gateway to the United States.
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that
Mexico's tax authority SAT issued new tariffs on Tuesday, which it said will strengthen the surveillance of goods from Asia, a measure that could impact popular online retailers like Shein and Temu.
Victory in the U.S.-China trade war will go to the side that is best at persuading other countries that its version of globalization is the most attractive. The post Trump Has Lost the Plot on the U.S.
China countered U.S. President-elect Donald Trump’s claims about the Panama Canal. Brazilian labor authorities uncovered “slavery-like conditions” at a construction site for Chinese
Mexico's tax authority said the tariffs will strengthen the agency's battle against abusive importing practices and tax evasion.
The president-elect would hurt U.S. consumers and businesses, while creating a new opportunity for China. He's likely to alienate some core supporters.
One of Trump's main promises was to increase tariffs on imported products, which would lead to an increase in what you pay at the supermarket checkout.
MEXICO CITY - Mexico's tax authority SAT issued new tariffs on Tuesday, which it said will strengthen the surveillance of goods from Asia, a measure that could impact popular online retailers like Shein and Temu.
E-commerce giants Amazon.com and MercadoLibre stand to benefit from new tariffs on low-cost imports into Mexico over Asian retailers like Shein and Temu, according to analysts at Itau BBA. Mexico this month imposed a 19% tax on imports via courier services from countries with which it does not have a free-trade agreement,
Mexico’s new tariffs on apparel and courier goods aim to protect domestic industries, tighten trade accountability, and reshape its role in global supply chains while challenging nearshoring strategies.