New Delhi: Mexico has joined the growing list of countries imposing heavy tariffs on Asian imports. Just four months after the United States imposed 50% duties on Indian products, Mexico too approved levies of up to 50% on select goods from several nations, including India, China, South Korea, Thailand and Indonesia. These tariffs are set to come into effect from January 1, 2026.

According to the Mexican daily El Universal, the affected products include auto parts, light cars, clothing, plastics, steel, household appliances, toys, textiles, furniture, footwear, leather goods, paper, cardboard, motorcycles, aluminum, trailers, glass, soaps, perfumes and cosmetics.

The move is primarily aimed at protecting domestic producers and reducing the country’s dependency on imports from Asia.

Why

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