Tag: Mexico

China 'firmly opposes coercion' as Mexico mulls car tariffs
Business

China ‘firmly opposes coercion’ as Mexico mulls car tariffs

The measure, included in a bill submitted by Mexico’s government to Congress, aims both to strengthen the country’s industrial sector and to appease US President Donald Trump, who has repeatedly pressed trading partners to raise duties on Chinese goods. Washington has accused Chinese manufacturers of exploiting the United States-Mexico-Canada Agreement by routing products through Mexico […]

Mexico considers 50% tariff on Chinese cars amid US pressure
News

Mexico considers 50% tariff on Chinese cars amid US pressure

Mexico, under pressure not to serve as a back door for Chinese goods entering the United States, has proposed a 50 per cent duty on car imports from the Asian giant — up from 15-20 per cent. The initiative, contained in a bill submitted by the government to Congress, seeks to assuage US President Donald […]

News

Two dead, many injured as Mexican navy ship crashes into US bridge

A Mexican Navy training ship collided with New York’s Brooklyn Bridge, resulting in two deaths and 17 injuries. In a statement on X, the Navy confirmed that the vessel Cuauhtémoc, carrying 277 people, sustained damage during the incident. Eyewitness video shared online showed the vessel, flying a large Mexican flag, scraping beneath the Brooklyn Bridge […]

Mexico investigates digital goods monopoly
Business

Mexico investigates digital goods monopoly

Alex Omenye Mexico’s antitrust watchdog has begun an inquiry into potential monopolistic practices in the market for the sale and development of digital goods and services, as well as related services. The government announced this in its official gazette on Monday. The Federal Economic Competition Commission said that an investigation had been launched to determine […]