Mexico Imposes Tariffs on Chinese Footwear Amid Local Industry Struggles

In this episode, we discuss the Mexican Ministry of Economy's decision to impose provisional countervailing duties of up to 17.99% on Chinese shoe imports to protect the national industry. With over 50 million pairs of shoes flooding the market, this move aims to restore fair competition and recover lost jobs. We also explore Argentina's economic outlook for 2025, highlighting the risks of extreme weather, political instability, and soaring inflation rates. Join us on Simply Economics for a deep dive into these pressing economic issues affecting Mexico and Argentina.

Sources:
https://ovaciones.com/economia-impone-cuotas-compensatorias-de-hasta-17-99-a-importaciones-chinas/
https://www.infobae.com/economia/2024/10/03/economia-2025-los-3-riesgos-que-enfrentara-la-argentina-y-la-proyeccion-de-inflacion-segun-un-banco-internacional/

Outline:
(00:00:00) Introduction
(00:00:45) Economy imposes compensatory quotas of up to 17.99% on Chinese imports
(00:03:39) Economy 2025: The 3 risks that Argentina will face and the projection of inflation, according to an international bank