Mexico unveils new tariffs, popular e-tailers like Shein, Temu may be in crosshairs
- Foreign e-commerce companies like Amazon and Temu must now pay Mexico's 16% value-added tax on sales to shoppers in Mexico, as outlined in the 2025 Miscellaneous Tax Resolution published by the Finance Ministry.
- The new tax requirement follows a decree signed by President Claudia Sheinbaum and Economy Minister Marcelo Ebrard, which imposed a 35% tariff on foreign clothing imports.
- E-Commerce companies are now required to enroll in Mexico's Federal Taxpayer Registry and collect detailed information from third-party sellers to comply with tax laws.
- The government anticipates an additional 15 billion pesos in tax revenue in 2025 from e-commerce companies paying the IVA, aiming to create a more competitive market for local goods.
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Total News Sources0
Leaning Left4Leaning Right5Center3Last UpdatedBias Distribution42% Right
Bias Distribution
- 42% of the sources lean Right
42% Right
L 33%
C 25%
R 42%
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