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.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/KWIUhQj

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