In a decisive move to support local industries, Mexico's Senate has sanctioned tariff hikes of up to 50% on imports from China and other Asian countries, despite pushback from business groups and involved nations. The measure, intended to bolster domestic production, reflects a broader economic strategy.

Passing with 76 votes in favor, 5 against, and 35 abstentions, the bill will affect goods like autos, textiles, plastics, and steel. Analysts suggest the revised tariffs are designed to align with the United States-Mexico-Canada trade agreement review, while also generating an estimated $3.76 billion in additional revenue.

Senators from opposition and ruling parties presented contrasting viewpoints. While some argued for the protection of local jobs, others highlighted the consumer cost

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