Overview
- Mexico’s schedule covers 17 industries and about $52 billion in imports from countries without free‑trade deals, prominently affecting products from China, South Korea, India and Vietnam.
- Chinese and South Korean authorities have urged Mexico to reverse the barriers, and reports describe Chinese exporters routing goods through Vietnam to lower duties.
- SME leaders warn of higher input costs and forecast consumer price increases of roughly 45% to 55% as firms pass through added charges.
- Trade lawyers caution that the measures could clash with Mexico’s bilateral investment protection agreements, raising the risk of investor‑state claims.
- Despite tariff tensions, the Wall Street Journal reports Mexican exports to the United States rose in 2025 with bilateral goods trade nearing $900 billion.