Mexico’s Steep Tariff Hikes Will Hit 75% of India’s Exports From January: GTRI Report

Three-Fourth of $5.75 Bn Mexican Exports to Be Hit by Tariffs

The tariff hikes target key sectors such as automobiles, auto parts, textiles, steel, plastics and clothing, with most products moving from earlier tariff levels of 0–15 per cent to about 35 per cent, and a few strategic items—especially steel and auto—jumping to the maximum 50 per cent duty

Mexico’s steep tariff hikes will hit 75% of India’s exports from January: GTRI report

According to a GTRI report, nearly 75% of India’s $5.75 billion of exports to Mexico in FY25 will be affected by the tariff hikes, fundamentally altering the economics of accessing India’s largest export destination in Latin America after Brazil.

Mexico's tariff hike to hit 75% of India's exports from January 2026: GTRI

New Delhi, [India] : Mexico’s decision to sharply raise import duties on goods from countries without a free-trade agreement will significantly disrupt India’s exports beginning January 1, 2026, according to a new report by the Global Trade Research Initiative (GTRI). Mexico has announced to impose steep tariffs of up to 50% from January 1, 2026, on imports from non-FTA partners, sharply hitting Indian exports. The report said that nearly three-…