Mexico Announces Up To 50% Tariffs On India, China And Other Asian Countries

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Mexico will raise import tariffs on goods from India and other Asian countries starting in 2026, with increases of up to 50%, a move that will hit India’s exports in sectors where it has built stable demand, especially passenger vehicles and auto components.

Mexico’s Senate has voted to impose tariffs ranging from 5% to 50% on a list of over 1,400 items imported from Asian nations without trade pacts with Mexico, according to a report by Associated Press, which added that the lawmakers passed the bill with 76 votes in favour, five against and 35 abstentions. The increases will apply from January and will cover textiles, footwear, household appliances, cars and auto components.

Mexico is India’s thirty-firs