The announcement comes two weeks after Mexico pledged a a 19% duty on goods entering the country via courier from nations without trade agreements like China

By Alek Buttermann Mexico’s President, Claudia Sheinbaum, has unveiled a bold economic plan aimed at reducing imports from China, a move widely seen as a response to US President-elect Donald Trump's accusations that the country serves as a backdoor for Chinese goods entering the US market.

In her address, she reaffirmed support for the US-Mexico-Canada Agreement (USMCA), describing it as central to competitive positioning against China. In her speech, Sheinbaum also emphasized her commitment to the US-Mexico-Canada Agreement (USMCA),

By Kylie Madry and Sarah Morland MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum on Monday rolled out an economic plan aimed at curbing imports from China in an apparent nod to U.S. President-elect Donald Trump and his allegations that Mexico is a back door for Chinese goods entering the United States.

Mexican President Claudia Sheinbaum has announced a set of tax and financial incentives to encourage nearshoring and a plan to further curb the entry of cheap Chinese imports. She presented the country's industrial policy,