Mexico has announced steep new tariffs on imports from several Asian nations, including India, China, South Korea, Thailand, and Indonesia, marking a significant shift from the country’s long-standing pro-free-trade stance. The move comes as Mexico seeks to protect domestic industries and align trade policies with evolving North American supply chain priorities.

The Mexican Senate approved the new tariff regime with 76 votes in favor, five against, and 35 abstentions, applying duties of up to 50% on more than 1,400 products from countries without formal trade agreements with Mexico. The legislation will take effect in 2026 and covers a wide range of industrial inputs and consumer goods, including automobiles, auto parts, textiles, apparel, plastics, metals, and footwear. While some items

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