For much of the past year, Asian exporters have been racing to stay ahead of a global tariff storm – re-routing shipments, reconfiguring supply chains and absorbing rising costs as the United States tightened its trade barriers.
Now another pressure point is emerging. From the start of next year, Mexico plans to impose import duties of up to 50 per cent on a wide range of goods from Asia, threatening to choke off a key workaround companies have relied on to maintain access to the North American…
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