China says firmly opposed to being 'coerced' by Mexico tariffs on cars

CHINA firmly opposes being "coerced" by others, and restrictions imposed under "various pretexts," its foreign ministry said on Thursday (September 11).

AI Brief

Mexico plans to raise tariffs to 50% on Chinese cars, part of a broader move to protect domestic jobs and industries.
China responded firmly, saying it will safeguard its rights and hopes Mexico will support global trade cooperation.
The tariff plan affects US$52 billion in imports and still needs approval from Mexicos Congress, where the government holds a majority.

This was in response to Mexico's announcement on Wednesday (September 10) that it will raise tariffs to 50% on automobiles from China.

"We will resolutely safeguard our own rights and interests in accordance with the actual situation," ministry spokesperson Lin Jian told reporters at a regular news briefing, adding that the Asian nation hopes that Mexico will instead work with it towards global economic recovery and trade development.

Mexico said on Wednesday it will raise tariffs on automobiles from China and other Asian countries to 50%, in a broad overhaul of import levies the government said would protect jobs and analysts said was aimed at placating the United States.

Mexico's Economy Ministry said the moves, which will increase tariffs to varying degrees on goods across multiple sectors including textiles, steel and automotive, would impact $52 billion of imports.

The plan still needs to be approved by Congress, where the government holds a significant majority.