"The tariff increase on Asian cars announced on Wednesday by Claudia Sheinbaum's government in Mexico has not sat well with Chinese authorities, who on Thursday rejected the measure and assured that China will resolutely protect its rights and interests, in the words of Foreign Ministry spokesperson Lin Jian. In China, the measure has been seen as a response to coercion from the United States in the midst of a global tariff war and as it tries to increase its own influence in Latin America."
"A spokesman for the Chinese Ministry of Commerce said that Beijing will view the measure as a concession to unilateral intimidation by Washington. And he warned that it will reduce business confidence in investing in Mexico. The Mexican cabinet has dismissed the theory that this move is due to the geopolitical logic being applied by Donald Trump. In this regard, the Chinese Foreign Ministry spokesperson stated that his country firmly opposes any coercion by third parties to impose restrictions on China under various pretexts,"
Mexico announced tariff increases on Asian cars, raising duties from 20% to up to 50% pending legislative approval. The decree also covers textiles, steel and imports from countries without Mexican trade agreements, including South Korea, India, Indonesia, Russia and Thailand. China rejected the measure, promised to protect its rights and interests, and described the step as a concession to unilateral intimidation by Washington that could erode investor confidence in Mexico. Mexican officials rejected a geopolitical explanation and cited World Trade Organization rules and protection of domestic industry as the legal and economic basis for the tariff increases.
Read at english.elpais.com
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