More brakes on Chinese investment and technology: This is how Mexico obtained the new tariff extension
Briefly

In December 2024, the Ysleta-Zaragoza International Bridge becomes a focal point as Mexico grapples with Donald Trump's postponed 25% tariffs on imports. Initially set for immediate enforcement, the tariffs have now been delayed until April 2, 2025, as a result of commitments from Mexican President Claudia Sheinbaum's administration to combat drug trafficking, regulate illegal immigration, and control Chinese investments. This extension seeks to buy time for the Sheinbaum administration to implement measures that may alleviate future tariff pressures adversely impacting over 80% of Mexican exports.
The U.S. president has postponed a general 25% tariff on imports from Mexico and Canada until April 2, giving Mexico a brief relief period.
The Mexican government must enact new strategies against drug cartels and impose tariffs on Chinese imports to avoid the looming 25% tariffs.
Read at english.elpais.com
[
|
]