Mexico’s import tax on greater than 1,400 merchandise from China and different Asian international locations is 50%. Photos used for illustration functions solely. | Photograph Credit score: Getty Photos/Istockphoto
Mexico’s import tax on greater than 1,400 merchandise from China and different Asian international locations is 50%. It’s because the nation is attempting to strengthen home manufacturing and go on among the ache within the Trump administration’s tariffs.
President Claudia Sheinbaum stated tariffs had been revealed a day in the past in her administration’s finances proposal. He stated it goals to fight the affect of US tariffs on some Mexican merchandise, significantly within the automotive sector, which accounts for 23% of Mexican manufacturing.
A few of the merchandise going through import taxes embody gentle autos, auto elements, textiles, footwear, plastics, digital gear, toys and different gadgets.
The finances is predicted to simply go Mexico’s parliament. In Mexican parliament, the governing social gathering holds a majority in each rooms.
Financial Secretary Marcelo Ebrard stated on Wednesday (September 10, 2025) that tariffs will apply to eight.6% of Mexico’s purchases abroad, and can solely apply to international locations that would not have a free commerce settlement with Mexico.
The listed merchandise have already got a mean tariff of 16%, however Ebrard stated it will likely be raised to the utmost allowed by the worldwide settlement.
China will likely be most affected as Mexico imported $130 billion value of merchandise from the nation in 2024, second solely to Mexico bought from the US. The opposite finest international locations are Korea, Thailand, India, the Philippines and Indonesia.
Mexico is beneath stress from the Trump administration to restrict China’s imports, a few of which declare that the US is utilizing Mexico as a backdoor to the US market.
“What Mexico is on the lookout for now could be a discount or exemption from the tariffs they’re paying (to the US).
Mexico continues to barter these tariffs, significantly 25% within the automotive sector and 50% on metal and aluminum.
Mexico’s new tariffs on Asian buying and selling companions may strengthen their arms in consultations with Washington, Ocampo stated. “That is not it. It is not possible to know,” he stated.
Shanebaum, who met with the US Secretary of State in Mexico Metropolis final week, says tariffs aren’t the results of US stress however are supposed to stimulate home manufacturing.
Her administration argues that, like Chinese language vehicles, focused merchandise are bought beneath market costs.
Final month, Beijing spokesman Guo Jiakun criticized the rumored Mexican tariffs.
“China is firmly opposed beneath restrictions imposed on China beneath numerous pretexts and the coercion from others who undermine China’s respectable rights and pursuits,” he stated.
Ocampo stated he clearly acknowledged that in contrast to US tariffs, Mexico follows worldwide commerce tips.
