Mexico has approved tariffs of up to 50 per cent on Chinese cars and other goods, aligning with US President Donald Trump’s protectionist policies, as it seeks to preserve a pivotal free-trade deal with its neighbour next year.
The Mexican Senate voted late on Wednesday to confirm the levy, proposed in September, that will apply to about 1,400 goods imported from China and other countries with which Mexico lacks a trade deal.
While it will affect goods ranging from trainers to microwaves, Chinese cars will be hit the hardest.
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