As part of the 2026 Economic Package, submitted by the Ministry of Finance and Public Credit (“SHCP”) on September 8, 2025, Mexico introduced an initiative to reform the Tariff of the General Import and Export Tariffs Law.
This initiative seeks to strengthen the domestic market and promote national production through tariff adjustments. Key points include:
- Increased tariffs on 1,371 tariff items for goods imported from countries without free trade agreements with Mexico.
- New rates between 35% and 50% for vulnerable sectors: automotive, textile, plastics, steel, appliances, toys, furniture, footwear, among others.
- Imports originating from countries with current trade agreements will not be affected.
- Tariffs are positioned as a strategic tool for industrial policy.
- The goal is to provide certainty and fair market conditions for domestic industry, in response to practices that distort international trade.
This initiative was presented on September 9, 2025, and is pending legislative review. Although it is not classified as preferential, it has been given expedited treatment due to its strategic relevance within the 2026 Economic Package. Approval is expected before the end of the legislative year, to take effect in 2026.
