Mexico imposes new tariffs on imports from India, China and other non

Highlights:

Mexico approves a major tariff overhaul covering 1,463 product categories

New import duties of 5% to 50% will apply from January 1, 2026

Measures target countries without free trade agreements, including India, China, Brazil, South Korea, South Africa, and the UAE

China faces the largest overall impact under the new tariff framework - Advertisement -

Mexico expects USD 3.8 billion in additional annual revenue

Reform aligns Mexico more closely with evolving US protectionist trade policies

Mexico has approved a broad tariff reform that will raise import duties on goods coming from nations without free trade agreements with the country. The legislation covers imports from India, China, Brazil, South Korea, South Africa, the United Arab Emirates, and several others. After s