Mexico raises tariffs on imports from China, Russia and Turkey

The Mexican Parliament approved the initiative of the administration of President Claudia Sheinbaum to increase duties on imports of products from countries with which Mexico does not have trade agreements.

First of all, the measure is aimed against imports from China, but will also affect Russia, India, Brazil, Turkey, Thailand, South Korea, Indonesia and other countries.

Israel has a free trade agreement with Mexico.

In the last year, following the closure of the American market, Chinese goods have been flooding Europe and emerging market markets, leading to mass shutdowns of local production.

The amount of duties, depending on the type of goods, ranges from 20% to 50%. They will come into force on January 1, 2026.