Mexico Takes Steps To Crack Down On Metals Imports From China
Last week, the government of Mexico issued a decree that reinstated tariffs on imports of 544 different inputs and finished products, including steel, aluminum, textiles, apparel, footwear, wood, plastic, chemicals, paper and cardboard, ceramics, glass, electrical materials, transportation equipment, musical instruments, furniture, and more.
As legal experts at White and Case noted, since August 15, 2023, most of these products have been subject to tariffs ranging from five to 25 percent. The new penalties range from five to 50 percent. This tariff increase will be applied for two years, until April 23, 2026, and will primarily affect imports from countries with which Mexico does not have free trade agreements and which are significant exporters of these products, including South Korea, India, and China.
As Connecting the Dots has reported several times over the last year, U.S. lawmakers have been urging the Biden administration and the Mexican government to work together to address China’s circumvention of trade laws.