5 days ago · U.S.-Mexico trade in goods tops $800 billion annually, and the United States accounts for nearly 83% of Mexico’s exports. Experts said tariffs would devastate Mexico’s already shaky economy ...

On April 22, 2024, the Mexican Government published a modification to the Tariff of the Law of General Import and Export Taxes. The Mexican government has established temporary import tariffs ranging from 5% to 50% for 544 HS codes.

Jan 21, 2025 · Here’s where a 25% tariff on Mexican and Canadian goods could hit Americans hardest: The US imported $87 billion worth of motor vehicles and $64 billion worth of vehicle parts from Mexico last...

Nov 27, 2024 · President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border.

On December 18, 2024, Mexican authorities published key changes to the Tariff of the Law of General Import and Export Taxes and the IMMEX (Manufacturing, Maquiladora, and Export Services Industry) Program.

Mexico. Canada - 5.0% + 1.7% + 1.4%. Explainer: US . Tariffs on Mexico. Right after his Inauguration on January 20, President Trump. announced the potential implementation of . 25 percent . tariffs on. US imports from Mexico in addition to Canada. The measure. could go into effect as soon as . February 1, 2025. What are the. President’s ...

On April 22, 2024, the Mexican Ministry of Economy established import tariffs ranging from 5% to 50% on specified products, which went into effect on April 23, 2024.

Nov 5, 2023 · There are no tariffs for products made in the United States that meet rules of origin requirements under the United States-Mexico-Canada Agreement (USMCA). However, there are several exceptions and caveats noted below that may affect overall pricing of U.S. exports.