Mexico has increased tariffs by as much as 35% on products that could impact its domestic textile industry, the Economy Minister said.
The government of President Claudia Sheinbaum temporarily raised to 35% the tariffs on finished clothing products, and increased to 15% the import of textile merchandise, Economy Minister Marcelo Ebrard announced Thursday during a press conference with Sheinbaum. The increase will be in place until April 22 2026, according to the minister’s presentation.
