Mexico Temporary Tariff Increase

On August 15, 2023, the Mexican Ministry of Economy published a Decree that modifies the Tariff of the Law of General Import and Export Taxes.
We highly advise U.S. exporters to carefully examine the list of impacted products and seize the chance to provide prices that are more competitive than those of their competitors.

The Mexican government has established temporary import tariffs ranging from 5% to 25% for 392 HS codes. These codes include items such as steel, aluminum, bamboo, rubber, chemical products, oils, soap, paper, cardboard, ceramic products, glass, electrical materials, musical instruments, furniture, and more.

The temporary tariff increase on imports is applicable solely to products originating from and produced in countries that do not have a trade agreement in place with Mexico. The Mexican government has included merchandise from strategic industries such as steel, textiles, clothing, footwear, aluminum, tires, plastics, glass, and ceramics within these tariffs.

The complete list of the HS Codes impacted by this change is available in the Official Mexican Gazette: 
https://www.dof.gob.mx/nota_detalle.php?codigo=5698661&fecha=15/08/2023#gsc.tab=0
The U.S. Commercial Service in Mexico can assist U.S. exporters in resolving customs-related issues.

For further questions on this issue or if you encounter any problems with Mexican Customs, please Ask Manny, contact Manuel.Velazquez@trade.gov