Mexico’s New Tariff Era: What Shippers Need to Know in 2025
Jan 9, 2025 · In recent weeks, Mexico has implemented significant tariff and duty adjustments, catching many businesses off guard and triggering a wave of supply chain recalibration. The new measures include a 35% tariff on imported textiles and …
Mexico’s New Tariffs Disrupt China-to-US Supply Chains in 2025
Jan 6, 2025 · The de minimis rule under Section 321 is also advantageous for products being directed through Mexico, as it allows them to be imported into the U.S. tariff-free only if they reach the value limit. New Mexican customs rules, which raise tariffs and alter the IMMEX program rules, have posed challenges for enterprises using this strategy. These ...
Mexico Tax and Tariff Increase 2024 - International Trade …
On April 22, 2024, the Mexican Government published a modification to the Tariff of the Law of General Import and Export Taxes. The Mexican government has established temporary import tariffs ranging from 5% to 50% for 544 HS codes.
Mexico suggests it would impose its own tariffs to retaliate …
Nov 27, 2024 · President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border.
Trump's tariffs brought China and Mexico closer. Will his second …
16 hours ago · Part of the story is China very smartly using Mexico as a launching pad to get its goods into the United States, basically tariff-free. The majority of Mexico’s industrial activity is located in ...
Mexico Announces Increase in Tariffs on Importation of Textile …
Dec 20, 2024 · New measures regarding the importation of textile products into Mexico were published on Dec. 19, 2024, in the Federal Official Gazette (Diario Oficial de la Federación or DOF). These include a 35 percent increase in tariffs on finished goods and a 15 percent increase on textile inputs.
Recent changes in Mexican tariff regime affect US companies with …
On April 22, 2024, the Mexican Ministry of Economy established import tariffs ranging from 5% to 50% on specified products, which went into effect on April 23, 2024.
Mexico Increases Tariffs, Revises Import Program in Blow to U.S ...
Dec 24, 2024 · These changes represent a significant shift in Mexico’s trade and manufacturing landscape, will result in increased import costs for affected goods, and may require importers (particularly those fulfilling U.S. e-commerce orders from Mexico) to adjust their supply chains and manufacturing processes.
Mexico - Import Tariffs - International Trade Administration
Nov 5, 2023 · There are no tariffs for products made in the United States that meet rules of origin requirements under the United States-Mexico-Canada Agreement (USMCA). However, there are several exceptions and caveats noted below that may affect overall pricing of U.S. exports.
Mexico Tariff Schedule - World Bank
View Trade Statistics by Country including trade summary, exports and imports by partner and products along with tariff and development indicator.