Latin American countries are responding to a surge of inexpensive Chinese goods flooding their e-commerce markets by implementing new taxes and tariffs to protect local retailers. Mexico, Chile, and other nations have increased import duties on small packages from platforms such as Temu, Shein, and AliExpress. Despite these measures, consumers continue to favor the lower prices offered by Chinese products. Mexico is preparing to raise tariffs on a range of Chinese imports, including cars, textiles, and plastics, with these tariff hikes expected to be incorporated into the country's upcoming budget plan. This regional pushback reflects growing scrutiny of low-cost Chinese imports amid efforts to balance consumer demand with domestic market protection.
The Mexican tariff hikes are expected for imports from China, including cars, textiles, and plastics/
Mexico Plans to Include Tariffs on Chinese Goods in Budget Plan Mexico intends to incorporate tariffs on Chinese products into its upcoming budget, potentially affecting trade relations and costs.
Mexico is set to raise tariffs on imports from China, tariffs on Chinese goods to be included in the budget plan.