Mexico’s tariffs on China aim to placate US – but could backfire: analysts

Mexico’s move to place tariffs of up to 50 per cent on Chinese and other Asian goods underscores US efforts to pressure other countries to take action against China – and Beijing may well retaliate, analysts said.
The Mexican Senate on Wednesday approved duties between 5 and 50 per cent on 1,463 product categories – including auto parts, textiles and plastics – starting from January 2026. President Claudia Sheinbaum had proposed the tariffs in the name of protecting local industries, subject to…