Up to 50%, Mexico’s new tariff policy on China officially implemented

Sunny Worldwide LogisticsIt is a logistics company with more than 20 years of transportation experience, focusing on markets such as Europe, the United States, Canada, Australia, and Southeast Asia. It is more of a cargo owner than a cargo owner~

Recently, the Mexican government officially incorporated the previously implemented temporary tariff measures into the permanent framework of the General Import and Export Tax Law. According to the new regulations, goods from non-free trade agreement partner countries (including China, South Korea, Thailand, etc.) will be subject to import tariffs of 25% to 50%.

This tariff adjustment involves a total of 1,463 tax items, almost covering the advantageous categories of China’s exports to Mexico. Among them, automobiles and parts and some special steel products are included in the highest tariff bracket of 50%. Textiles, clothing, footwear, household appliances, furniture and other daily consumer goods will also face tariff increases ranging from 15% to 35%.

From the perspective of policy design, this tariff adjustment has obvious exclusive features. Since the United States and Canada, like Mexico, are members of the United States-Mexico-Canada Agreement, their goods can continue to enjoy duty-free or preferential treatment. Major exporting countries such as China and South Korea have become the main targets of this round of tax increases.

It is worth noting that Mexican Customs has simultaneously strengthened its inspection of cross-border e-commerce parcels and freight containers. It is recommended that relevant cargo owners and freight forwarding companies immediately check the HS code of the goods involved, confirm the latest duty-paid price with the local customs broker, and make cost estimates and customs clearance arrangements in advance to avoid potential delays and additional costs.