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Mexico’s 50% Tariff Hike Pushes Indian and Asian Exporters to Seek FTA Amid Pressure on Steel and Auto

Mexico’s 50% Tariff Hike Pushes Indian and Asian Exporters to Seek FTA Amid Pressure on Steel and Auto

Mexico’s Proposed Tariff Hike Puts Indian Exporters Under Pressure Mexico has announced plans to sharply raise import duties on goods coming from India and several other Asian countries starting in 2026, with tariffs increasing by as much as 50%. This decision is likely to affect Indian exports that currently see strong demand in Mexico, particularly passenger vehicles and automobile components,…