New Delhi: After US tariffs, India now faces taxes on its exports to Mexico.

In a significant shift in policy, Mexico is set to move away from its pro-free-trade approach after the country’s Senate approved a new tariff regime that will raise duties, in some cases up to 50%, on more than 1,400 products imported from countries that don’t have a formal trade agreement with Mexico, Reuters reported. ADVERTISEMENT

The targeted nations include India, besides other Asian countries like China, South Korea, Thailand and Indonesia.

The upper house cleared the proposed bill with 76 votes backing it, 5 against and 35 abstentions. The lower house had already approved the bill, despite protests from domestic industry bodies and strong objections from China.

The tariffs, to be implemented from 2026

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