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Mexico Debates Tariff Hike Amid Industry Concerns

12/9/2025

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Story summary
  • Mexican lawmakers will debate a revised tariff bill this week to raise duties on imports from China and other Asian countries.
  • Industry groups warn the tariffs could raise production costs, especially for the automotive sector using Chinese components.
  • The government may scale back increases on auto parts and steel amid business leaders' pressure.
  • President Claudia Sheinbaum's administration aims to pass the bill before Congress adjourns on December 15, signaling urgency.