Mexico plans to impose a maximum tariff of 50% on Chinese vehicles and other goods, and China will take countermeasures.

Foreign media reported today (September 11): "Mexico is planning to impose tariffs as high as 50% on cars and parts, steel, and textiles from China and other countries that have not signed trade agreements with it."

Notably, Mexico is the largest export destination for Chinese automobiles, and the current tariff on related goods is about 20%. The reason behind this tariff increase is directly related to pressure from the United States: after Trump's administration took office, it has imposed high tariffs on more than 180 countries and regions around the world, with Mexico and Canada, its neighboring countries, being the first to be affected. The U.S. also exerted strong pressure on Mexico by claiming that "Mexico is the largest transit point for Chinese goods," and Mexico eventually yielded to U.S. power and made this decision. However, the day this decision takes effect will be the day China retaliates.

Original article: www.toutiao.com/article/1842934582346752/

Statement: This article represents the views of the author himself.