China’s trade probes into Mexico send ‘clear warning’ not to bow to US pressure: analysts.
Mexico plans tariffs on goods from China and other countries – but the move faces resistance in Beijing
As China and the United States approach the next phase of trade talks, Beijing has launched anti-dumping and trade barrier probes into Mexico after the Latin American country proposed higher tariffs on Chinese goods.
Analysts said the move signalled a warning from Beijing, as Mexico’s planned duties – affecting a range of countries, but sparing the US and Canada – are widely seen as an attempt to curry favour with Washington.
On Thursday, September 25, China’s Ministry of Commerce launched an anti-dumping investigation into pecans from Mexico and the US, expected to last one year.
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Source: SCMP
