Overview
- In a briefing led by President Claudia Sheinbaum and Economy Secretary Marcelo Ebrard, officials outlined a package covering roughly 1,463–1,466 tariff lines across 17 manufacturing sectors after congressional revisions.
- Most duty rates were set around 20%–35% from earlier higher proposals, with a few lines, including certain imported autos, reaching up to 50%.
- The government projects a limited inflation effect of about 0.2% and estimates roughly 30,000 million pesos in annual revenue from the measures.
- Authorities highlighted sharp import increases in key sectors—autos up about 34%, steel 12.4%, apparel 20.8% and footwear 22.3%—as the basis for intervention to protect employment.
- The policy excludes partners with trade deals such as the United States, Canada, the European Union and Japan, applies to suppliers including China, South Korea and India, is tied to the Plan México development poles and has drawn criticism from China as protectionist.