Reported about 8 hours ago
Mexico has suggested matching U.S. tariffs on China, a move described as 'very interesting' by U.S. Treasury Secretary Scott Bessent. This proposal comes amid trade discussions ahead of U.S. planned tariffs on Mexican and Canadian imports, as well as an additional 10% duty on Chinese goods. Bessent noted that it would be beneficial for Canada to take similar action to create a unified North American stance against Chinese imports. Meanwhile, the Chinese government has criticized U.S. tariff hikes as violations of World Trade Organization rules.
Source: YAHOO