Mario Vázquez

Rule Changes

Supported the tariff bill while warning about consumer costs and oversight of new revenue

Mexico’s Congress has signed off on a sweeping tariff overhaul: starting in 2026, thousands of imports from China, India and other Asian countries without free trade deals will face duties of up to 50%, with most capped around 35%. The package hits autos, auto parts, steel, textiles, plastics and clothing, and is billed as a way to protect local jobs and raise billions in revenue.

Updated Dec 11, 2025