Core Viewpoint - The Mexican Congress approved a tariff amendment that imposes a maximum 50% tariff on imports from countries without a free trade agreement with Mexico, such as China, India, and South Korea, with the final version setting most product tariffs at 35% due to domestic and international opposition [1][2][3] Group 1: Tariff Amendment Details - The amendment was passed by the Mexican House of Representatives on December 10, 2025, with a vote of 281 in favor, 24 against, and 149 abstentions [1] - The amendment is expected to be enacted on January 1, 2026, after approval by the Senate [1][2] - Initially, the proposal aimed to raise tariffs on nearly 1,500 product categories by up to 50%, but this was adjusted due to pushback from various stakeholders [1][2] Group 2: Impact on Instrumentation Products - The base tariff rate for instrumentation products is set at 35%, aligning with the category of "mechanical and electrical equipment" [2][3] - The scope of affected products includes industrial measurement instruments, electronic testing equipment, mechanical instruments, and laboratory instruments [3] - In 2024, China's exports of instrumentation products to Mexico are estimated at approximately $1.2 billion, representing 1.3% of China's total exports to Mexico, which are projected to be $90.232 billion [2][3] - The implementation of the amendment will increase the tariff cost for general instrumentation products by approximately 15-20 percentage points, reducing their price competitiveness in the Mexican market by about 10-15% [2][3]
一国通过《进出口关税法》,对多类仪器加征关税
Xin Lang Cai Jing·2025-12-11 11:17