US EditionMexico's Senate approves tariff hikes on Chinese, other Asian imports
Mexico's tariffs on over 1,400 imports aim to protect local jobs and raise nearly 52 billion pesos in 2026, aligning with U.S. trade policy amid ongoing negotiations.
- The Senate voted to enact the tariff package on Dec 10, with 76 in favor, 5 against, and 35 abstentions, set to take effect on 1 January 2026.
- Submitted in September by President Claudia Sheinbaum, the tariff bill was softened in committee and the government says it aims to spur domestic production and align with U.S. trade priorities, Mexican diplomat Horacio Saavedra said.
- On the details, the bill modifies 1,463 tariff categories across various sectors including autos, textiles, plastics, electronics, affecting around 52 billion dollars of annual imports.
- The Finance Ministry projects the tariffs will raise nearly $3.7 billion next year, but manufacturers and business groups warn consumers in Mexico face higher prices for cars, electronics and clothing.
- China's Ministry of Commerce responded on Thursday, warning the tariffs would 'substantially undermine' trade, while observers say the move aligns with U.S. priorities ahead of the 2026 USMCA review and tests nearshoring given Mexico's auto sector.
139 Articles
139 Articles
Mexico's welcome tariff action against China
Mexico’s legislature deserves praise for its stand against Beijing last week, approving a new law that will impose tariffs of up to 50% on Chinese imports. Backed by President Claudia Sheinbaum, the measure targets roughly $125 billion in annual trade and signals that Mexico is no longer willing to tolerate China’s long-running trade abuses. The Chinese Commerce Ministry understandably isn’t happy. Warning Mexico to proceed carefully, the minist…
The rates range from 5% to 50% over almost 1.5 000 products from 17 strategic sectors. Among them, cars and parts, clothing, plastics, ironing and electrodominated.
China’s Ministry of Trade responded to Mexico’s tariffs on several Asian products; in this regard, he said he hopes that “mistakes practices” will be corrected. “Going against the trend of economic globalization and participating in protectionism harms others without benefiting themselves.” China’s Trade MinistryDuring the early morning of December 10, the Chamber of Deputies approved raising tariffs on Asian products in protection of the domest…
Hard Numbers: Mexico’s tariffs, Myanmar’s government strikes hospital, Venezuela’s Machado makes escape to Oslo, US Fed cuts rates again
50: Mexico’s President Claudia Sheinbaum is taking a page out of US President Donald Trump’s book, implementing up to a 50% tariff on more than 1,400 products in a bid to boost domestic production. The tariffs are expected to heavily affect China, which has increased its shipping to Mexico as a way to bypass US tariffs, and come as the US has been pressuring it trade partners to distance themselves from China.34: Myanmar’s military struck a hosp…
Daily Journal
Mexico approves measure raising tariffs on Chinese imports
President Claudia Sheinbaum defended a tariff increase on goods from China and other countries with which Mexico has no trade agreements, saying the measure was intended to strengthen the national economy.
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