Mexico will raise tariffs to protect strategic industries

Federaţia Rusă

Sept. 16 (UPI) -- Mexico's government will shift its trade policy next year by raising tariffs on countries without free trade agreements, including China, India and South Korea. The move is aimed at reducing competitive disadvantages in key sectors and strengthening domestic production. The plan covers 1,463 categories of goods, from vehicles and auto parts to steel, textiles, toys and furniture. Those products currently face import duties of 0% to 35%, but under the proposal they would be

Mexico will raise tariffs to protect strategic industries https://www.upi.com - 16.09.2025 12:52

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Mexico will raise tariffs to protect strategic industries https://www.upi.com - 16.09.2025 12:52