New Delhi - Mexico’s decision to sharply raise import tariffs on over 1,400 products from select non-FTA countries starting 2026 is set to hurt nearly three-fourths of India’s $5.75 billion exports to the country, with duties rising to 25–35 per cent for most items and as high as 50 per cent for some, experts said.
According to a report by the Global Trade Research Initiative (GTRI), automobiles and auto components — India’s largest export segment to Mexico — will be among the worst affected. Passenger vehicle exports worth $938.35 million in . . .
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