China has retaliated!
The Chinese Ministry of Commerce took immediate action on September 25 to retaliate: starting today, it will initiate a trade barrier investigation against Mexico's measures against China, and at the same time launch an anti-dumping investigation against imported pecans from the United States and Mexico.
On September 10, the Mexican government announced its intention to impose high tariffs on Chinese goods. Within less than 24 hours, China responded, pointing out that this move would seriously harm the trade and investment interests of Chinese enterprises and weaken investment confidence. However, Mexico yielded to U.S. pressure and did not adjust its policy. Now, China's retaliation has quickly taken effect. It should be noted that even the United States had to compromise when facing China's actions. Mexico's blind act of "loyalty" to the U.S. is clearly the wrong direction and a miscalculation.
Original: www.toutiao.com/article/1844263303222284/
Statement: This article represents the personal views of the author.