Overview

• Bloomberg reports that Mexico plans to include higher duties on Chinese goods in its 2026 budget, targeting autos, textiles and plastics, with specific rates yet to be disclosed and possible inclusion of other Asian countries.
• The fiscal package is expected to reach Congress by Sept. 8 for debate, and Mexican authorities have not formally confirmed the tariff proposal.
• China’s Foreign Ministry spokesman Guo Jiakun publicly rejected the reported plan, saying Beijing opposes restrictions imposed under coercion and urged independent decision‑making.
• Coverage links the initiative to pressure from U.S. President Donald Trump and to Mexico’s aims of shielding local manufacturers and raising revenue to address a large budget deficit.
• Mexico has already tightened import rules by lifting taxes on low‑value e‑commerce shipments to about 33.5% and issuing a footwear import decree, signaling a broader trade stance affecting China-linked goods.