Mexico to impose retaliatory tariffs on US following China and Canada as trade war heats up
Mexico to impose retaliatory tariffs on US following China and Canada as trade war heats up
Mexico's president said Tuesday the country will respond to the 25% tariffs imposed by the United States with retaliatory tariffs on U.S. goods, with details to come. Mexico will announce the targeted products and other measures Sunday at an event in Mexico City’s central plaza, a delay that sugges...
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In reaction to tariffs on China, Beijing announced additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef, and expanded controls on doing business with key U.S. companies.
China's new tariffs will take effect starting March 10. They follow U.S. President Donald Trump’s order to raise tariffs on imports of Chinese products to 20% across the board. Those took effect on Tuesday, along with 25% tariffs on imports from Canada and Mexico.
That's some serious retaliatory action there on China.
Their government has always been very wary of getting between their population and pork.