Mexico's government has approved tariffs of up to 50% on a range of imported goods from countries that do not hold a free trade agreement (FTA) with Mexico. These measures affect over 1,400 products and primarily target goods from nations such as China, Thailand, India, and Indonesia.
Tariff Details and Implementation
The new tariffs are scheduled to take effect on January 1, 2026. Categories of goods impacted include metals, automobiles, clothing, and appliances.
President Claudia Sheinbaum's administration has stated that the tariffs are intended to enhance domestic production. The Mexican Senate passed the package of measures on Wednesday.
International Context and US Negotiations
This development occurs as Mexico is engaged in ongoing negotiations with the United States concerning potential import duties threatened by the US administration. Former President Donald Trump, who is campaigning for re-election, has previously threatened several tariffs against Mexico, including:
- A potential 50% duty on Mexican steel and aluminum.
- A 25% levy aimed at increasing Mexico's efforts against the flow of the synthetic opioid fentanyl into the United States.
- A recent 5% tariff threat, alleging Mexico's violation of an 80-year-old treaty regarding water allocation from Rio Grande tributaries, citing negative impacts on US farmers.
The United States is Mexico's largest trading partner.
China's Response
Prior to the approval of these tariffs, China's government advised Mexico to "think carefully" about imposing such measures.