US EditionMexico cracks down on Chinese gray market as trade policies tighten
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Mexico cracks down on Chinese gray market as trade policies tighten
No sooner after the US presidential election concluded, a swift raid unfolded in Mexico City. On November 28, over 200 Mexican law enforcement officers conducted a seven-hour raid on Yiwu International Trade City in Mexico’s capital, seizing more than 262,000 imported items valued at approximately MXN 75 million (USD 3.7 million). Shortly afterward, officials held a press conference where Mexico’s Secretary of Economy Marcelo Ebrard confirmed, c…
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