China threatens Mexico with trade reprisals over 50% import duties

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China warned Mexico on Thursday it could impose retaliatory measures after concluding a formal investigation into tariffs Mexico imposed on more than 1,400 categories of Asian goods, in a dispute that threatens to complicate Mexico City’s parallel negotiations to renew its trade agreement with the United States. China’s Ministry of Commerce (MOFCOM) said the tariffs, which range from 5 to 50 per cent on 1,463 product...