u.s. Tariff Hike to Mexico Will Raise the Effective Tax to 5%, According to Banamex
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5 Articles
Mexico City.- If the tariff increase is implemented from 25 to 30 percent for products that are not covered by the T-MEC, applied to Mexican imports from the US, the country would face an average tariff of 13.7 percent from August, after the current 11.9 percent, estimated the area of Economic Studies of Banamex. President Donald Trump announced last Saturday that he will impose new tariffs of 30 percent against Mexico from August 1st as part of…
Mexico City, 14 Jul (EFE).- The average tariff actually paid for Mexican products entering the United States will go from 4.3% to 5% from August, as a result of the new trade policy announced by the Donald Trump government, according to estimates from the economic studies area of the National Bank of Mexico (Banamex).The increase, according to its most recent report, released on Monday, responds to a decision by the US government to raise from 2…
The report projects that Mexico will go from an average of 4.3% in May 2025 to 5% from August.
Redacción / Grupo Canton In May, for example, Mexican exports paid an average of 4.3% of CDMX tariff,-In its most recent analysis, the institution explained that this measure is part of a new series of tariff actions by the US government, which plans to raise taxes on imported products from 25% to 30% [...] The post Mexican exports tariffs will rise in the United States appeared first on Quintana Roo Today.
Mexico City.- The weighted average tariff for Mexican exports to the United States would rise from 11.9% to 13.7% from August, as a result of the increase announced by President Donald Trump on July 12, estimated Banamex. In an analysis, the firm recalled that the new wave of tariff measures by the United States against Mexico envisages raising from 25% to 30% the tariff applied to products not covered by the Mexico-United States-Canada Treaty (…
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