Particle.news
Download on the App Store
10 ARTICLES
·
3d ago

Mexico Defends Tariff Plan of Up to 50% on Non‑FTA Imports After China Warning

Officials frame the move as WTO‑compliant protection for domestic industry ahead of an October congressional review.

México planea elevar aranceles al 50% para importaciones de Rusia, China y otros países sin TLC.
Image
Image
El secretario de Economía, Marcelo Ebrard indicó que mientras México exporta un dólar a China, ellos importa 11 a este país

Overview

  • The Paquete Económico 2026 proposes tariffs of 10% to 50% on 1,463 tariff lines covering about 8.6% of imports, lifting duties on light vehicles to 50%.
  • Economy Secretary Marcelo Ebrard said the measure is commercial rather than geopolitical and is intended to protect Mexico’s internal market under WTO rules.
  • Ebrard will meet with Chinese ambassador Chen Daojiang after Beijing urged Mexico to be “extremely cautious” and warned it would take necessary steps to safeguard its interests.
  • A decree signed by President Claudia Sheinbaum requires congressional approval, with debate expected in October, and the targeted list covers roughly 20% of imports from China.
  • Industry group Concamin expressed support, while the government cited an 11‑to‑1 trade deficit with China and a projected inflation impact of about 0.3%.