In response to the relevant reports of Mexico's plans to raise tariffs on some Chinese products, a spokesman for the Chinese Foreign Ministry said on the 28th that China firmly opposes the imposition of restrictions on China under the coercion of others in various ways, damaging China's legitimate rights and interests, and believes that relevant countries will adhere to independence and independence and properly handle relevant issues.
According to Bloomberg, the Mexican government plans to raise tariffs on some Chinese products in the 2026 budget proposal announced next month, a move aimed at protecting Mexican enterprises from the impact of imported products, and also meant to meet U.S. President Trump's demands.
Three informed sources revealed that the proposed tariff increase is expected to cover imports such as automobiles, textiles and plastic products, one of whom said that not only China, but other Asian countries are also expected to face higher tariffs from Mexico.
The Mexican government's draft tariffs will be sent to Congress by September 8. People familiar with the matter said the specific tariff rates were not yet known and the plan could still change.
Since the beginning of the year, the Trump administration has urged Mexico to follow the U.S. and raise tariffs on imports from China. In March, U.S. Treasury Secretary Bessent said that if Mexico and Canada cooperate with U.S. tariffs on China, they could somehow build a “North American fortress” to counter the influx of Chinese products.
Bloomberg believes the United States has pressured its largest trading partner Mexico to restrict the entry of Chinese products, in part because Trump claims the products will be leased to Mexico first and then enter the U.S. markets. Last month, after Trump and President Simbo agreed to delay the imposition of higher tariffs on Mexico to leave more time for trade negotiations.
Foreign Ministry Spokesperson Guo Jiakun said at a regular press conference on the 28th that Mexico is China's second largest trading partner in Latin America and China is Mexico's third largest export destination. Mutual benefit and win-win results are the essential characteristics of China-Mexico economic and trade cooperation. China has always advocated inclusive economic globalization and opposed all forms of unilateralism, protectionism, and discriminatory and exclusive measures.