This includes India, where some tariffs will rise to 50% from January 1, 2026. The higher duties will apply to a wide range of products such as automobiles, auto parts, textiles, plastics and steel, aiming to bolster domestic manufacturing and reduce trade imbalances.
India’s car exports to Mexico are valued at around US$1 billion annually and include shipments by major manufacturers. These are expected to be hit particularly hard by the move, which was adopted despite lobbying by industry groups.
According to The Times of India, the planned tariff increases are expected to affect 75% of India’s exports to Mexico. Moreover, NewsBytes claims that India has warned it may take “appropriate measures” to protect its exporters and continues high-level talks with Mexico after the decision.
