Starting next year and running through 2026, Mexico will apply new tariffs on a wide array of imported goods, marking a major policy shift from its historically pro-free-trade stance. The Senate-approved regime imposes duties of up to 50% on more than 1,400 products from countries without trade agreements, including India, China, South Korea, Thailand, and Indonesia.
The tariffs cover industrial inputs and consumer goods such as automobiles, textiles, metals, plastics, and footwear. While a majority of products will face 35% duties, the maximum rate of 50% will hit select high-value items.
If you enjoyed reading this article, you can help support our journalism by adding OHeraldo as a preferred source.
Indian exporters, who have relied on Mexico as a springboard to access the US market, now face higher costs and reduced competitiveness. The move may prompt companies to reconsider supply-chain strategies and increase landed costs for goods routed through Mexico. Analysts note that the tariffs could reflect US influence ahead of the next USMCA review, despite Mexican leadership denying such links.
