Summary: Mexico’s Senate approved a bill imposing tariffs of 5% to 50% on over 1,400 products from Asian nations without a trade deal with Mexico, effective next year. The tariffs, targeting products like clothing, metals, and auto parts, aim to protect local industry and align with US trade policies. The bill also empowers Mexico’s Economy Ministry to adjust tariffs as needed.

Link: https://www.theedgesingapore.com/news/global-economy/mexico-approves-50-tariffs-china-other-asian-nations