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Mexico Plans Higher Tariffs on Chinese Imports in 2026 Budget

The draft reaches Congress by Sept. 8 with specific rates yet to be set.

Overview

  • Sources say the proposal would target autos, textiles and plastics, with the scope potentially extending to some other Asian suppliers.
  • Officials have not disclosed tariff levels and the plan could change before submission, according to reports citing people familiar with the discussions.
  • The move responds to pressure from the Trump administration and fits a push for a tighter ‘Fortress North America’ trade posture.
  • Sheinbaum’s coalition holds two‑thirds majorities in both chambers, making major changes in Congress less likely once the budget is filed.
  • Mexico has become the top destination for Chinese-made cars this year, intensifying domestic industry concerns about subsidized competition.