China Criticizes Mexico's New Tariff Regime
China's commerce ministry expresses concern over Mexico's new tariff regime impacting countries without free-trade agreements. The measures may significantly affect trade interests. China urges Mexico to reconsider its protectionist stance and unilateral tariff increases.
- Country:
- China
On Friday, China's commerce ministry voiced concerns about Mexico's new tariff regime, which affects imports from nations lacking free-trade agreements, including China. The ministry acknowledged it will monitor the situation's impact closely.
The new measures, once implemented, are expected to considerably harm trade interests. China's commerce ministry released a statement underscoring this concern.
China has traditionally opposed unilateral tariff hikes and called on Mexico to swiftly amend what it perceives as unilateralist and protectionist policies.
(With inputs from agencies.)
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