Source: United Press International
“Mexico’s government will shift its trade policy next year by raising tariffs on [Mexican buyers of goods from] countries without free trade agreements, including China, India and South Korea. The move is aimed at reducing competitive disadvantages in key sectors and strengthening domestic production. The plan covers [Mexican buyers of] 1,463 categories of goods, from vehicles and auto parts to steel, textiles, toys and furniture. [Mexican buyers of t]hose products currently face import duties of 0% to 35%, but under the proposal they would be subject to rates of 10% to 50%, depending on the category.” (09/16/25)
https://www.upi.com/Top_News/World-News/2025/09/16/mexico-tariff-increases-2026/1231757983078/