Mexico imposes new import duties on cars and components
after close1 source ↓written by the desknot a recommendation
- effective
- 1 Jan 2026
- of its car
- 3.6%
The Government of Mexico will impose import duties of 5% to 50% on over 1,000 products, including automobiles, effective 1 Jan 2026. This legislation primarily targets China but will also impact Indian exports, notably the Maruti Suzuki Fronx. Mexico is India's third-largest automotive export market, with only 3.6% of its car imports sourced from India. 🚗💼
Not investment advice. For informational purposes only.