On August 15, 2023, in the Diario Oficial, the government of Mexico published a list of 392 statistical breakouts from different industries where import duties have been raised temporarily. According to the notice, this measure aims to protect several industrial sectors such as automotive, electrical, footwear, apparel, and textiles. Out of the 392 statistical breakouts published, 360 are subject to a 25% import duty rate alone; the remaining 32 are subject to an import duty that ranges between 5% to 20%. The goods in this list include printed material, apparel clothing, footwear, asbestos manufactures, ceramic tiles, products made of steel and Iron, glass manufactures, musical instruments, and furniture. This temporary measure started on August 16, 2023, and will end on July 31, 2025.

For more information please visit: https://www.dof.gob.mx/nota_detalle.php?codigo=5698661&fecha=15/08/2023#gsc.tab=0