The Mexican government has recently decided to postpone deliberations on a proposal to impose high tariffs on Chinese goods. Submitted to Congress by President Claudia Sheinbaum in September, the proposal planned to impose import tariffs of up to 50% on nearly 1,500 products from Asian countries including China, covering items such as automobiles, textiles, and steel.

Ricardo Monreal, leader of the ruling Morena party in the lower house, stated that Congress has suspended deliberations on the proposal, with discussions expected to resume in late November. Several lawmakers revealed the proposal may face significant revisions or scaling back due to numerous issues with the current plan.

Analysts note that implementing the proposal could drive up domestic prices in Mexico and impact local businesses. Automotive industry representatives have suggested that key components and other goods should be excluded from the high-tariff list. While the government claims the tariff hike aims to protect domestic industries, observers widely believe the move is also influenced by U.S. pressure to reduce trade with China.

Sources indicate the Mexican government may instead pursue coordinated tariff policies with the U.S. and Canada. Current debates center on potential inflation risks and harm to domestic enterprises.