US president-elect on Monday said his new administration would immediately impose a 25 per cent tariff on imports from Mexico.
Fears and uncertainties are quickly spreading among Chinese-funded companies in Mexico after US president-elect Donald Trump said that he would impose a 25 per cent tariff on imports from the Latin American country.
Industrial estates in the northern manufacturing hub of Monterrey, though, had already felt the chill. They used to welcome Chinese delegations almost every day, with new factories sprouting in mere months from the land the visitors had acquired, but such passion started to tail off earlier this year.
