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Mexico Confirms 50% Tariff on Chinese Light Vehicles in 2026 Economic Package

The plan is embedded in the 2026 budget now before Congress.

Overview

  • Economy Secretary Marcelo Ebrard said duties on Chinese light vehicles will rise from about 20% to the WTO ceiling of 50%.
  • New IGI tariffs will extend to 1,463 tariff lines, covering roughly 8.6% of Mexico’s trade and including 10%–50% duties on autoparts.
  • The measures target countries without free‑trade agreements with Mexico, naming China, Russia, India, South Korea, Indonesia, Thailand and Turkey.
  • Hacienda projects nearly 255 billion pesos in 2026 revenue from the IGI as officials argue the policy counters very low‑priced imports and protects manufacturers.
  • The government says the package aims to safeguard strategic industries and preserve roughly 320,000 jobs, with implementation proceeding through legislative and administrative steps.