Mexico Targets China, Others with Possible Tariffs

Mexican President Claudia Sheinbaum announced Thursday that her administration is weighing tariffs on imports from countries lacking trade agreements with Mexico, notably China. The proposed measures are part of “Plan Mexico,” a broader initiative aimed at strengthening domestic industry in response to U.S. tariffs on Mexican goods imposed by President Donald Trump. “We are considering imposing certain tariffs,” Sheinbaum said, emphasizing that targeted countries would be those without formal trade deals with Mexico. Specific sectors or products were not disclosed. Mexico remains a member of the United States-Mexico-Canada Agreement (USMCA), which replaced NAFTA in 2020 and mandates a trilateral review after six years. The move signals a potential shift in Mexico’s trade posture amid rising tensions and supply chain recalibrations.