China has strengthened trade with Latin America at the expense of the U.S. But Donald Trump, who threatens to raise tariffs on Mexico, could upend those ties.
President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally against China. But the U.S. stance has shifted, too.
Trump's threat of tariffs, mass deportations pose challenge for border, Mexico's president
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'A danger to Mexico:' Trump's threats of tariffs, deportations put Mexican leader on the spot
Trump’s US-Mexico tariffs threaten to hammer European carmakers
During his last term, Trump set his sights on Mexico over concerns that Chinese automakers would use the country as a back door to sell their vehicles in the U.S. In response, he negotiated a new trade agreement, called the USMCA, that went into effect in July 2020 with updated rules of origin for cars.
Mexico is planning to establish a “task force” to involve US companies in the process of reducing imports from China, the country’s economy minister told a group of auto suppliers at a private meeting Friday in Detroit.
SALTILLO, Mexico — Over the years, a “mini-Detroit” blossomed in these desert highlands 200 miles south of the Texas border. General Motors, Stellantis and Daimler Trucks set up sprawling ...
Mexico’s government on Monday launched a plan to shrink its yawning trade deficit with China and attract investment, in an olive branch to Donald Trump’s incoming US administration.
The first six months of 2024 — the latest period for which figures are available — showed $235 million coming to Mexico from China in direct investment, according to government statistics.
Eurasia Group founder and president Ian Bremmer warned Monday that he believes the US is headed for a trade war with China just as Donald Trump assumes the presidency for the second time.
MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum on Monday rolled out an economic plan aimed at curbing imports from China in an apparent nod to U.S. President-elect Donald Trump and his allegations that Mexico is a back door for Chinese goods entering the United States.
As Donald Trump is sworn in as the 47th president, he's not expected to impose China-specific tariffs on his first day in office, signaling a strategic shift toward engagement with Beijing rather than reigniting a trade war.
A Moneycontrol analysis shows that India may face the ire of the new US President as the average tariff gap, or difference between Indian and US duties, was 11.9 percent across over 3,000 products.
Tariffs are taxes on imported goods, and typically their costs are passed along by businesses to buyers of the products, including everyday consumers.
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