China warns Mexico's new tariffs will hurt trade partners
China urges Mexico to drop planned tariff hikes calling them unilateral and protectionist as trade tensions threaten economic ties. - ADOBE STOCK
BEIJING: China's commerce ministry said on Thursday it would track Mexico's newly approved tariff regime on imports from countries without free-trade pacts, including China, and weigh its impact.
Once adopted, the measures will "substantially undermine" the interests of trade, the ministry said in a statement.
"China has always opposed all forms of unilateral tariff increases and hopes Mexico will correct such unilateralist and protectionist practices as soon as possible," it added.
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