Mexican lawmakers back higher tariffs on goods from China and other Asian nations, a move opposed by Beijing and awaiting Senate approval.
MEXICO CITY: Mexican lawmakers have backed a measure to raise tariffs on imports from China and other nations without a trade agreement.
The proposal, spearheaded by President Claudia Sheinbaum, now moves to the Senate for final approval.
It would increase tariffs on a range of goods including automobiles, textiles, clothing, plastics and appliances.
The primary impact is expected to fall on Chinese imports.
Proposed tariff rates were lowered from an initial suggestion of 50% to between 20% and 35% for most goods.
The 50% rate would still apply in a relatively few number of cases.
The Sheinbaum administration aims to strengthen the domestic market and reduce import dependence.
Opponents of the plan have warned it could lead to price increases for Mexican consumers.
Some analysts view the move as a response to pressure from US President Donald Trump, who is waging a trade war with China.
Beijing opposes any “coercion” to impose restrictions on its exports.
Chinese officials had previously warned Mexico to “think carefully” about the tariff move.
The lower house of Congress approved the proposal by 281 votes to 24, with 149 members abstaining.
Lawmakers who abstained argued further discussion on the measure was needed.
Beyond China, the legislation would also impact South Korea, India, Indonesia, Russia, Thailand and Turkey.
