Mexico Passes Tariffs of Up to 50% on Imports From Countries Without Trade Deals

Overview

• The Senate approved tariffs of 5% to 50% on more than 1,400 product categories from nations lacking trade agreements with Mexico, taking effect in 2026, by a vote of 76–5 with 35 abstentions.
• The Lower House previously backed the measure 281–24 with 149 abstentions, completing congressional passage.
• Chinese goods are the main target, with a 50% rate on cars from China, and other affected suppliers include India, South Korea, Thailand, Indonesia, Brazil, Russia, Turkey and Taiwan.
• Lawmakers also granted the Economy Ministry discretion to adjust import duties after enactment, introducing greater policy flexibility.
• Chinese authorities denounced the move as unjustified, while Mexican manufacturers warned of higher input costs even as some auto groups supported protection of domestic production; analysts also cited smaller revenue projections than the government’s estimate.