Mexico Could Be Ground Zero for U.S.-China Tariff Fights

Mexico recently surpassed China as the biggest exporter to the U.S. Graph via Semafor.

Mexico is reportedly considering imposing retaliatory tariffs against the United States, if the incoming Trump administration follows through on his threat of 25% levies on Mexican imports. Mexico surpassed China as the biggest source of U.S. imports in 2023, partly due to rapid offshoring by Chinese companies.

Mexico’s economy minister Marcelo Ebrard said: “If you put 25% tariffs on me, I have to react with tariffs. If you apply tariffs, we’ll have to apply tariffs. And what does that bring you? A gigantic cost for the North American economy.”

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by Cobus van Staden

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