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Mexico unveils new tariffs, popular e-tailers like Shein, Temu may be in crosshairs

Goods that enter Mexico from countries that do not have an international treaty with Mexico will be subject to a duty of 19 per cent

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The Temu logo is seen in this illustration picture taken November 4, 2024. Photo: Reuters

Mexico’s tax authority SAT issued new tariffs on Tuesday, which it said will strengthen the surveillance of goods from Asia, a measure that could impact popular online retailers like Shein and Temu.

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Goods that enter Mexico via courier companies originating from countries that do not have an international treaty with Mexico will be subject to a duty of 19 per cent, SAT said in a statement shared with reporters.

Mexico does not have an international treaty with China, where Shein and Temu are based.

Goods entering via courier companies from Canada and the US, which are part of the United States-Mexico-Canada trade agreement (USMCA), will be subject to a 17 per cent duty if the value is greater than US$50 but does not exceed US$117.

Mexican President Claudia Sheinbaum speaks during her daily press conference at the National Palace in Mexico City, Mexico, 19 December 2024. Photo: EPA-EFE
Mexican President Claudia Sheinbaum speaks during her daily press conference at the National Palace in Mexico City, Mexico, 19 December 2024. Photo: EPA-EFE

A 19 per cent duty will also apply to goods that exceed US$1 from other countries that have international treaties with Mexico, SAT said.

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