A broad range of new tariffs is being implemented by Mexico from Thursday, set to mostly impact Asian nations.
Earlier this month, the tariff hike was approved by Mexico's congress, with an increase of up to 35%, on imports from China, India, South Korea, Thailand, Indonesia and more, but China will be the hardest hit.
Automobiles, auto parts, textiles, clothing, plastics and steel are just some of the industries and goods that will see the tariff increase.
China has strongly opposed the increase, but it has aligned Mexico with the United States in hampering Chinese imports and looking to increase domestic industry production instead.
The tariffs are part of a wider “Plan México”, which is seeking to raise national investment to 28% of gross domestic product and generate 1.5 million jobs.



