Mexico’s government intends to raise tariffs on a wide range of Chinese imports, including automobiles, textiles and plastics, as part of the 2026 budget that President Claudia Sheinbaum will submit to Congress by 8 September, according to people briefed on the plan. The duties—whose exact rates are still being negotiated—are designed to shield local manufacturers from subsidised competition and bolster fiscal revenue. One source said higher levies could also be applied to other Asian nations, reflecting broader efforts to curb low-cost imports. The initiative follows months of pressure from Washington, where President Donald Trump has urged Mexico to align with U.S. trade barriers on China. Raising tariffs would answer that request while supporting Sheinbaum’s push to narrow a budget deficit that last year reached its widest since the 1980s. With Sheinbaum’s ruling coalition controlling two-thirds of both legislative chambers, the measure is expected to be approved largely intact, though final duty levels could still change before the budget is enacted.
Mexico set to raise tariffs on imports from China, Bloomberg News reports https://t.co/SrmggAMKQT https://t.co/SrmggAMKQT
The Mexican government plans to increase tariffs on China as part of its 2026 budget proposal next month, protecting the nation’s businesses from cheap imports and satisfying a longstanding demand of US President Donald Trump. The tariff hikes, expected for imports including https://t.co/6ohzoMsGFP
📍 Estados | Presentan iniciativa de Ley de Desarrollo Turístico Sostenible de Nuevo León ante el Congreso local. https://t.co/hx8x4Xvi9T