Mexico | Facing a trade dilemma

Summary

United States tariff policies in 2025 have reignited protectionist measures, while inconsistent trade stances from the Trump administration have added uncertainty.

Key points

• Key points:
• Mexico maintains the lowest weighted average tariff among major exporters to the United States — only 8.3% as of June.
• This strong relative position is crucial, helping Mexico remain the United States' top trading partner.
• In addition, Mexican exports to the United States increased 4.9% in the first half of the year. But perhaps the most striking effect is the Mexican government's innovative response.
• On September 9, 2025, Mexico announced tariffs of up to 50% on imports from countries without free trade agreements — including China, Brazil and India.
• Mexico must work hand in hand with the United States to impose tariffs only in cases of unfair practices or real security threats, while avoiding protectionism that could harm consumers and limit Mexico's competitiveness.

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