Mexico Moves to Raise Tariffs on China, Bolstering US Ties
Mexico aims to reduce reliance on Chinese imports and protect local producers by raising tariffs on cars, textiles, and plastics, with Chinese vehicle exports to Mexico exceeding 138,000 units in early 2025.
- Mexico will raise tariffs on imports from China as part of its 2026 budget proposal due in September, targeting cars, textiles and plastics with likely approval from President Claudia Sheinbaum's coalition.
- Faced with a budget gap that climbed to its highest level since the 1980s last year, Mexico's government seeks new revenue and aims to shield local producers from subsidized imports and reduce dependence on China.
- Official customs data show Mexico took in more than 138,000 Chinese cars in early 2025, officials have raised textile tariffs to 35 percent and launched Plan Mexico to boost investment.
- The United States has pushed hard for these changes, with President Donald Trump linking talks to fentanyl cooperation and U.S. Treasury Secretary Scott Bessent backing a 'North American fortress' to limit Chinese access; this tariff plan will intersect the USMCA review in mid-2026.
- Raising tariffs signals Mexico's intent to stop the trade gap from widening unchecked, pairing trade restrictions with 'Plan Mexico' to boost industrial parks and attract investment.
20 Articles
20 Articles
Mexico Moves to Raise Tariffs as China Floods Its Market, U.S. Demands Action
Mexico is preparing to raise tariffs on Chinese goods, a step that reflects both economic strain and U.S. pressure. The measure, part of the 2026 budget proposal due in September, will likely target cars, textiles, and plastics. President Claudia Sheinbaum’s coalition has the numbers to pass it, making approval likely. Behind this move lies a […]
Mexico to raise tariffs on Chinese goods, aligning with US trade agenda
Mexican President Claudia Sheinbaum is preparing to raise tariffs on a wide range of Chinese imports in her 2026 federal budget proposal, a move aimed at shielding domestic industries from low-cost competition and aligning more closely with the US's strategic trade agenda, according to people familiar with the matter.
Claudia Sheinbaum's government plans to increase tariffs on China as part of its proposal for Budget 2026 to be presented in September, with the intention of protecting domestic companies from cheap imports and meeting a demand from President Donald Trump. Tariff increases, which are expected for imports such as automobiles, textiles and plastics, seek to protect local manufacturers from Chinese subsidized competition, according to three informe…
Mexico set to raise tariffs on imports from China, Bloomberg News reports
(Reuters) -Mexico's government is set to raise tariffs on Chinese imports, including cars, textiles, and plastics, as part of its 2026 budget proposal next month, Bloomberg News reported on Wednesday, citing three people briefed on the matter.
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