Overview

• President Donald Trump’s package includes a 100% levy on branded or patented pharmaceuticals unless manufacturers are building plants in the United States, plus 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture, and 25% on heavy trucks built abroad.
• Mexico’s economy secretary Marcelo Ebrard said the government will first evaluate how the U.S. tariffs will be applied, has contacted USTR for details, and will present arguments next week seeking preferential treatment for Mexican trade.
• China’s Ministry of Commerce launched a formal investigation into Mexico’s proposed tariff program covering about 1,463 tariff lines for non‑FTA countries and has initiated anti‑dumping checks on selected Mexican exports, saying the measures could harm Chinese firms.
• President Claudia Sheinbaum proposed a high‑level working table with Beijing; Ebrard met China’s ambassador, agreed to receive technical teams, and emphasized that Mexico’s plan—processed in the October fiscal package—aims to protect strategic industries and address a widening trade deficit with China.
• Legal and policy uncertainty persists as the U.S. Supreme Court is expected in October to consider the administration’s use of emergency powers to justify broad tariffs, while health and industry groups warn the new U.S. duties could raise costs and strain supply chains.