Mexico Imposes 35% Tariffs to Protect the Textile Industry

President Claudia Sheinbaum Pardo has signed a decree to protect Mexico’s textile industry—which generates around 400,000 jobs—by imposing a temporary 35% tariff on 138 categories of manufactured goods and a 15% tariff on the importation of 17 textile categories.

Strengthening Domestic Textile Production

The decree also expands the list of products that cannot be imported through the Manufacturing, Maquiladora, and Export Services Industry Program. This initiative aims to reinforce local production and prevent market distortions.

Combating Unfair Trade Practices

Secretary of Economy Marcelo Ebrard Casaubón explained that the decree aims to prevent abuse of existing regulations that harm Mexico’s textile industry. He noted that some companies were deceiving authorities by importing intermediate products for the industry without paying taxes, falsely claiming they were for export-bound manufacturing.

“This measure is a decisive step to protect Mexican workers and businesses from unfair competition and ensure sustainable growth in the textile sector.” – Marcelo Ebrard Casaubón

Future Outlook for Mexico’s Textile Industry

With these new tariffs and import restrictions, the government aims to create a fairer market environment, encouraging investment and job growth in the textile sector.