On April 22, Mexico increased import duties to 544 tariff lines ranging between 5% and 50%. The increase will be enforced for two years, ending in April 2026.
Among the products covered by the new measure are the following: steel, aluminum, textiles, clothing, footwear, wood, plastics, chemical products, paper and cardboard, ceramic products, glass, electrical equipment, transport equipment, musical instruments, and furniture. Agricultural products are not included.
Import duties will not apply to originated goods from countries with which Mexico has signed a Free Trade Agreement (e.g., USMCA, CPTPP). (See chart below) Thus, the impact will be particularly significant for imports from non-FTA countries, such as China, Brazil, or Indonesia.
The import duties will not affect industrial production mechanisms such as maquiladoras or specific sectorial programs (e.g., auto parts or automotive) intended to promote the production of goods for export.
