Starting from January 1, goods entering Mexico via courier companies from countries without an international treaty now incur a 19 percent duty, according to Mexico’s tax authority (SAT).
The latest duty includes shipments from China. For goods from Canada and the US, a 17 percent duty applies only if the item’s value exceeds $50 but is under $117. President Claudia Sheinbaum also increased import duties on various clothing and home goods up to 35 percent.
E-commerce giants like Shein and Temu may be particularly affected, with the looming potential of a 25 percent tariff on imports from Canada and Mexico promised by President-elect Donald Trump.
A 19 percent duty also applies to items valued over $1 from countries with treaties with Mexico. The SAT noted these new measures aim to combat tax evasion and ensure a fair market for Mexican businesses. Before this latest tariff, there were no duties for these lower-value goods.
In 2024, Mexico experienced an increase in imports of foreign products, primarily from China, as China established a nearshoring strategy to import goods into the US, bypassing tariffs.
Industry experts warn that these changes could disrupt Mexico’s IMMEX program, which allows foreign companies to import goods tax-free for sale in the U.S.
By CEO NA Editorial Staff