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Mexico is considering whether to impose tariffs on e-commerce imports from China
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Mexico is considering whether to impose tariffs on e-commerce imports from China

Mexican President Claudia Sheinbaum is considering imposing tariffs on small goods imported from China to raise revenue and protect jobs in domestic industries, local media reported Tuesday.

According to El Universal newspaper, authorities are looking for new sources of revenue to cover the country’s budget deficit and financial obligations inherited from his predecessor Andres Lopez Obrador.

According to the report, the proposed tariffs will target products purchased through Chinese e-commerce platforms such as Temu, Shein, AliExpress and Alibaba.

AliExpress and Alibaba are subsidiaries of Alibaba Group Holding Limited, which owns the South China Morning Post.

Officials told El Universal that the websites dodge import duties and often evade local taxes while meeting technical standards required for local manufacturers.

Government data shows Mexico will face its largest budget deficit in 30 years this year, reaching 5.9 percent of its gross domestic product.

Mexican President Claudia Sheinbaum is looking for new sources of revenue to help reduce the budget deficit, which is said to be the largest in recent years. Photo: Mexican Presidency/AFP
Mexican President Claudia Sheinbaum is looking for new sources of revenue to help reduce the budget deficit, which is said to be the largest in recent years. Photo: Mexican Presidency/AFP