Mexico has unleashed tariffs soaring up to 50% on imports from China and other nations, a bold move designed to shield its domestic industries amid escalating trade tensions. Officials hail this as a major turning point in Mexico’s trade strategy
Mexican tariffs on Korean-made vehicles are handing Japanese automakers a significant advantage in the region. With lower import duties, Japan’s carmakers can deliver more attractive prices, leaving their Korean competitors struggling to keep up, reports The Japan Times