Moneycontrol PRO
Loans
Loans
HomeNewsWorldTrump team pushes Mexico toward tariffs on Chinese imports

Trump team pushes Mexico toward tariffs on Chinese imports

Mexican President has ramped up efforts to crack down on cheap imports from China, a move to appease Trump administration that’s threatening 25% tariffs on its North American trade partners.

February 23, 2025 / 06:51 IST
Trump

The Trump administration told Mexican officials that they should put their own duties on Chinese imports as part of their efforts to avoid tariffs threatened by President Donald Trump, according to people familiar with the matter.

Commerce Secretary Howard Lutnick was among US officials who conveyed that message at a meeting Thursday in Washington with Mexican delegation, including Economy Minister Marcelo Ebrard, according to the people, who asked not to be identified describing private discussions. US Trade Representative nominee Jamieson Greer and White House economic adviser Kevin Hassett also attended the meeting.

Mexican President Claudia Sheinbaum has ramped up efforts to crack down on cheap imports from China, a move to support domestic industries as well as appease a Trump administration that’s threatening 25% tariffs on its North American trade partners.

The Commerce Department and USTR, as well as Mexico’s Foreign Affairs and Economy ministries, didn’t respond to requests for comment. The White House also didn’t respond to a request for comment.

Mexico didn’t make any commitment on China during the meeting, the people said, which ended with an agreement to establish a working group from both countries to continue exploring trade and tariff issues.

Ebrard said in a post on X that the Washington meeting was the start of “a constructive dialogue, and joint work will begin on Monday.”

Trump has demanded Mexico and Canada both do more to restrict the flow of migrants and fentanyl into the US or face 25% tariffs. Originally set for Feb. 1, the White House delayed implementing those duties for a month. Meanwhile, the US imposed an additional 10% tariff on all imports from China.

Bloomberg
first published: Feb 23, 2025 06:50 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347