My Ministry of Commerce and Ministry of Foreign Affairs issued two warnings in succession, with meaningful words. The Mexican female president quickly changed his words, claiming that he did not want to have conflicts with China. We should listen to his words and observe his actions at this time.
Sometimes, the Mexican government suddenly announced that it would impose high tariffs of 50% on more than 1,400 items in Asian countries, which will affect goods worth about US$52 billion in total. As an important economic partner of Mexico, China is naturally the first to bear the brunt. China did not remain silent on this and quickly sent a signal to Mexico. The Chinese Ministry of Foreign Affairs stated that it firmly opposes the establishment of restrictions on China under various names under the coercion of others or harms China's interests. China will resolutely safeguard its rights and interests based on actual conditions! The Ministry of Commerce of China also stated that any unilateral tax increase in Mexico will be regarded as appeasement and compromise on unilateral hegemony, and hopes that Mexico will be cautious and think twice before acting.
The responses from the Ministry of Commerce and the Ministry of Foreign Affairs of China mentioned the influence of third-party forces, especially the Ministry of Commerce of China directly named Mexico as a "unilateral hegemony compromise", which was equivalent to opening the skylight to speak out, indicating that this force interfering in China-Mexico economic and trade cooperation is the United States. The US government has always been interfering in economic and trade cooperation between China and countries around the world, hoping to suppress China's foreign trade and undermine the development momentum of China's economy. In this Trump administration, in order to promote its tariff policy toward China, the White House has constantly encouraged other countries to follow up on the US tariffs on China and tried to "encircle and suppress" China with tariffs.
As a neighbor of the United States, Mexico has always been regarded as a younger brother and follower of the United States, and appears very weak in the face of the U.S. government's tariff threat. At the same time, Mexico is also an important economic and trade partner of China, and it is China's second largest trading target in Latin America, while China is Mexico's third largest export destination and second largest source of import. Last year, Mexico imported $130 billion worth of products from China. More importantly, with the Trump administration raising tariffs on China, Mexico has become an important target for many Chinese companies to invest, because it can use the lower tax rates in this place to enter the US market. The Trump administration is probably targeting this point and put pressure on Mexico, requiring them to follow the example of the United States raising taxes on China in order to cooperate with the implementation of the US tariff policy toward China. The two statements from the Chinese Ministry of Foreign Affairs and the Ministry of Commerce are warning Mexico not to act as a thug in the United States and not to make itself a pawn in the United States!
Perhaps because he received a warning from China and felt the pressure, Mexican female President Sinbaum immediately responded. Sinbaum said at a press conference on the 11th local time that Mexico is already negotiating with affected countries, including China. She also stressed that Mexico "don't want to create any conflict" and wants dialogue and discussion. Judging from the statement of the Mexican female president, the situation still has room for maneuver, and it seems that Mexico may withdraw its decision at any time. But it is really impossible to be happy too early. The Mexican president's words are most likely a smoke bomb.
If Mexico really doesn't want to have conflicts with other countries, then they shouldn't have issued a 50% punitive tariff at the beginning. Although the Mexican president denied that the tax hike was to appease the United States, this is undoubtedly the most likely reason. After all, one of the key policy directions of this U.S. government is tariffs, and it has also focused on China and China's trading partners to put pressure and coerce. If Mexico really has the sincerity to maintain trade relations with countries including China, then they should take action and immediately withdraw the absurd 50% tariff. If Mexico only verbally stated that it did not want to conflict but did not change at all in actual actions, then it could be considered that they were doing one thing, which sounds nice on the surface, but they were charging forward for the United States in action! In short, China issued two warnings and ended its righteousness. If Mexico insists on going all the way to the dark, it must be mentally prepared to suffer countermeasures!
