India looks to sign trade deal with Mexico as tariffs loom – Reuters

The Latin American nation has ratified higher duties on imports from several countries

India is seeking a preferential trade deal with Mexico in order to mitigate a tariff hike of up to 50% set to be implemented by the Latin American country next month, Reuters reported on Monday.

Mexico approved the hike in import taxes on goods from several countries, including India, last week, according to the report.

“Mexico’s primary...