15 déc. 2025
The impacted countries include India, South Korea, China, Indonesia, and Thailand.
Mexico’s Senate gave the go-ahead to steep import tariffs of 5-50% on 1,463 product categories from nations that don’t have a Free Trade Agreement (FTA) with Mexico. The duties will come into effect on January 1st, 2026.
India actively engaged with Mexico in negotiations to protect its importers and finalise an FTA. The Indian Embassy in Mexico raised concerns with the Mexican Ministry of Economy in September 2025.
The auto industry, machinery, electronics, pharma, chemicals, plastics, and textiles have been impacted. India exported goods worth USD5.75 billion in 2024-25 and imported USD2.9 billion.
Analysts believe Mexico acted under US pressure.
Meanwhile, in the US, the Democrats opposed Trump's tariffs on India. Raja Krishnamoorthi, Marc Veasey, and Deborah Ross introduced a resolution to terminate the national emergency that President Trump had used to justify the tariffs.
They argued that tariffs are an abuse of executive power and negatively impact Indo-US relations.
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