Mexico pledges to shrink trade deficit with China in nod to Donald Trump
- Mexico's President Claudia Sheinbaum announced an economic strategy to reduce imports from China and strengthen local industries, responding to pressure from the United States and Canada.
- Sheinbaum aims to cut bureaucracy, increase investment to 28 percent of GDP, and create 1.5 million manufacturing jobs by 2030.
- The Mexican government plans to enforce customs regulations and support the USMCA trade agreement to combat Chinese competition and protect local jobs.
- Manufacturers in the U.S. And Mexico praised new tariffs against Chinese companies, citing significant job losses due to unfair competition from China.
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Total News Sources0
Leaning Left1Leaning Right7Center3Last UpdatedBias Distribution64% Right
Bias Distribution
- 64% of the sources lean Right
C 27%
R 64%
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