The Mexican Senate approved amendments to the Law on General Import and Export Duties introducing substantial tariff increases on 1,463 tariff lines
Recently, Mexico's Congress passed a tariff bill with far-reaching implications. Under the bill, starting January 1, 2026, Mexico will raise import tariffs on certain goods originating from countries without a free trade agreement (FTA) with Mexico. The new tariff rates will range from 10% to 50%, and China is among the affected countries.