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Mexico Emerges as U.S. Trade Winner as New Import Tariffs Near

Government data show a near 9% rise in 2025 manufacturing shipments to the United States.

Overview

  • Mexico will levy 5%–50% duties on 1,463 tariff lines covering about $52 billion in imports from non‑FTA partners starting January 1, 2026, with China among the named countries.
  • The Wall Street Journal says Mexico’s relatively low effective tariff burden has helped replace higher‑tariffed Chinese goods, with U.S.–Mexico goods trade expected to approach $900 billion this year.
  • From January to November 2025, auto exports to the U.S. fell around 6% while other manufactured shipments rose about 17%, underpinning the overall export increase.
  • Small‑business representatives warn the new duties will push up input and consumer prices, with one group estimating increases of 45%–55%.
  • Experts caution the policy may trigger disputes under investment protection treaties as China initiates scrutiny and some exporters route goods through Vietnam to avoid the tariffs.