Overview
- Most duties rise to about 35% on goods from countries without free‑trade agreements, with reports of rates up to 50% on select Chinese products.
- The package covers roughly 1,400-plus tariff lines and spans automobiles, auto parts, textiles, clothing, plastics and steel.
- Mexico’s Economy Ministry says the policy safeguards about 350,000 jobs and supports reindustrialization, with expected revenue of roughly $3.76 billion next year.
- China has formally objected, warning the tariffs will substantially harm affected trading partners, and some Mexican industries fear higher costs.
- Analysts see the move aligning Mexico more closely with U.S. pressure on Chinese trade ahead of the upcoming USMCA review.