Economy Secretary Marcelo Ebrard on Monday defended Mexico’s decision to impose new tariffs on imports from China and other Asian countries, describing the move as a necessary step to protect hundreds of thousands of domestic jobs rather than a provocation to any trading partner.
The tariff package, approved by Congress last week, will take effect on January 1 and introduce duties ranging from five to 50 per cent on 1,463 products from countries without trade agreements with Mexico. These…
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