Tag: Automobile
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Mexico Imposes Tariffs That Might Influence Indian Car Producers
Mexico’s Senate authorised a invoice imposing 5-50% tariffs on over 1,400 Asian merchandise, together with India’s, beginning subsequent yr. This transfer, focusing on China’s huge output, might considerably affect India’s automotive and auto components exports, valued at $1.1 billion. The tariffs purpose to spice up Mexican income and doubtlessly ease US commerce stress. Mexico’s Senate…