Foreign media: China warns it will take trade retaliation measures against Mexico, following Mexico's imposition of import tariffs ranging from 5% to 50% on 1,463 categories of Asian goods starting January 1, affecting over $30 billion in Chinese exports and causing an estimated loss of about $9.4 billion to China's machinery and equipment industry.
Mexico's Economy Minister Aguirre stated that Mexico has the right to protect its domestic industries from unfair competition.
With Mexico currently negotiating the renewal of its trade agreement with the United States, the country may now face a dilemma.
Original source: toutiao.com/article/1860829628501195/
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