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The Mexican president recently signed a new decree, starting on August 16, raising tariffs on a number of imported goods to 392 tariffs involved. This decision will have a significant impact on Mexicos trade partners in its non-free trade agreements, especially China, Brazil, South Korea, Taiwan and India. The Mexican government said the move was aimed at promoting the stable development of its domestic industry andining the economic and economic stability of the country.

Recently, the results of China’s risk survey of export transactions for Indian enterprises showed that although India’s trade risk is “high”, risk is declining compared to other countries. At the same time, the Indian market’s export potential for small and medium-sized foreign trade enterprises is gradually emerging.

Due to the shrinking external demand, most of the worlds exports perform poorly, but Germany, Turkey, Uzbekistan and other countries have achieved reversal growth.

In 2023, the South Korean economy faced a historic challenge, with exports declining for a decade in a row and demand for chips declining.The country’s GDP also saw its biggest decline since the financial crisis, demonstrating the importance of South Korea as a global economic indicator and the complexity of the current global trade and economic environment.

Despite facing Western sanctions, Russia remains stable in the world’s top five economies by the end of 2022 and surpasses Germany to become Europe’s largest purchasing power parity economy, while China-Russia economic and trade cooperation continues to expand, China has become Russia’s largest trading partner for 13 consecutive years.

According to statistics from the Bureau of Statistics of Vietnam, Vietnam’s exports have declined for five consecutive months, manufacturing growth has slowed, the number of companies withdrawing from the market is high, and unemployment has continued to rise.