Mexico will apply new tariffs to 1,371 tariff items covering sectors such as automotive, textiles, plastics, footwear, furniture, and household appliances, a measure that will take effect in 2026.
According to the decree signed by President Claudia Sheinbaum, the tariffs will range from 10 to 50% and will be applied to imports from countries without trade agreements with Mexico. This will represent 16.8% of imported products included in the Tariff Schedule of the General Import and Export Tax Law (TIGIE).
The measure responds to the need to “provide certainty and fair conditions” to domestic industries facing vulnerability due to practices that affect international competition.
The decree will take effect 30 days after its publication in the Official Gazette of the Federation and will remain in effect until December 31, 2026.
Which products will be included in the new tariffs?
The most impacted sectors will be:
Automotive and auto parts
Textiles and apparel
Plastics and glass
Steel and aluminum
Footwear and leather goods
Toys, furniture, and paper
Household appliances, motorcycles, and trailers
In total, the tariffs will affect 16.8% of Mexico’s imports.
A shift in trade policy
According to the document, for years the Mexican economy was integrated into global value chains, prioritizing imports, which led to the loss of productive sectors and vulnerability to external shocks.
This reform, inspired by the “Mexico Plan,” seeks to strengthen national industry and take advantage of the domestic market, generating better-paying jobs and greater job stability. Furthermore, the initiative aims to correct trade distortions and align tariff policy with sustainable and regional development.
Expected Impact by 2030
The federal government projects that this strategy will allow at least 50% of strategic supply in value chains to be domestic. It also hopes to promote technological innovation and consolidate diversified and socially inclusive industrialization.
In conclusion, tariffs will cease to be a simple revenue-raising instrument and become a strategic economic policy tool that, according to the decree, will strengthen Mexico’s sovereignty and competitiveness on the global stage.
Source: criteriohidalgo
