Mexico Hits India With 50% Tariffs. This Will Be Most Impacted Sector
Mexico raises tariffs up to 50% on 1,400+ goods from non-FTA countries including India to protect local jobs and manufacturing, impacting $1.8 billion in Indian vehicle exports.
- On Wednesday, Mexico's Senate approved a tariff overhaul raising duties up to 50% on more than 1,400 products from countries including India and China, effective from April.
- President Claudia Sheinbaum's administration said the decision aims to safeguard domestic jobs and support local manufacturing, and officials framed it as a response to cheaper Chinese goods entering Mexico.
- India exported $5.63 billion to Mexico in 2025, with vehicle shipments totaling $1.86 billion, and the tariff hike could impact around $1.86 billion in vehicle exports from Indian automakers including Volkswagen and Hyundai.
- Industry representatives urged Indian authorities to intervene, Reuters reported, as Indian automakers face risk with Mexico as their third-largest car export market, though The Hindu said overall exports may not suffer.
- Amid wider trade frictions, Mexico's move extends tariffs from April 2024 as the United States imposed a combined 50% tariff on India; other affected countries include China, South Korea, Thailand, Indonesia, Brazil, South Africa and United Arab Emirates.
13 Articles
13 Articles
Mexico Hits India With 50% Tariffs. This Will Be Most Impacted Sector
After the United States, Mexico has decided to impose tariffs as high as 50 per cent on the import of select goods from India and other Asian nations that do not have a trade deal with Mexico City.
After US, Mexico approves tariffs of up to 50 pc on goods from India
Washington: Mexico’s Congress has approved a bill that seeks to impose higher tariffs on imports from India, China, Brazil and several other countries with which the North American nation doesn’t have free trade agreements. The levies, which is set to take effect on January 1, 2026, was passed by Mexico’s Senate on Wednesday after the lower house approved it. The development comes months after US President Donald Trump imposed steep 50 per cent …
The new tariffs approved by the Congress of the Union against countries with which Mexico does not have trade agreements will come to strengthen the country’s revenues in 2026, since it is estimated that they will contribute 27% of the import tariffs. Economy secretary Marcelo Ebrard explained in a conference that the implementation of the new tariffs, ranging from 5% to 50%, are part of a comprehensive strategy that seeks to boost the well-bein…
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