Mexico Could Match US Tariffs on China, Bessent Says

Canada also said it’s open to the idea after Bessent said it could help build a ‘Fortress North America’ from the flood of Chinese imports.

Shipping containers and gantry cranes at Qingdao port in Qingdao, in eastern China's Shandong Province, on Dec. 26, 2024. STR/AFP via Getty Images

Mexico has made a “very interesting” proposal of matching U.S. tariffs on China, U.S. Treasury Secretary Scott Bessent said on Feb. 28.

It came after Mexican Economy Secretary Marcelo Ebrard held trade talks with U.S. officials in Washington ahead of new U.S. tariffs on Mexican goods.