• 56802
• December 12, 2025

Now, Mexico to slap tariffs; may hit Indian car companies

Mexico's Senate approved a bill imposing 5-50% tariffs on over 1,400 Asian products, including India's, starting next year. This move, targeting China's massive output, could significantly impact India's automotive and auto parts exports, valued at $1.1 billion. The tariffs aim to boost Mexican revenue and potentially ease US trade pressure.

• News Source Indiatimes (Click to view full news): CLICK HERE

• Category:
• Business

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