Mexico Tariff Plan Is Stopping Chinese Investment, Says Chamber

Mexico’s planned tariff hikes on products from China will halt Chinese investments in the country, warned the Mexico-China Chamber of Commerce.

Chinese funding is expected to slow in Mexico’s automotive sector, auto parts and metallurgy industries, among others, Amapola Grijalva, president and chairman of the board of directors of the Mexico-China Chamber of Commerce, said in an interview.

“This whole tariff issue has generated tremendous uncertainty,” she said, and several important Chinese firms already “have halted their investment initiatives.”

Those firms include a Chinese toy company with a global presence that is now considering Vietnam for production and a Chinese-owned ...