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Mexico stands by 50 per cent tariffs on Chinese goods, says move will protect 350,000 jobs (www.scmp.com)

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Economy Secretary Marcelo Ebrard on Monday defended Mexico’s decision to impose new tariffs on imports from China and other Asian countries, describing the move as a necessary step to protect hundreds of thousands of domestic jobs rather than a provocation to any trading partner. The tariff package, approved by Congress last week, will take effect on January 1 and introduce duties ranging from five to 50 per cent on 1,463 products from countries without trade agreements with Mexico. These...

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