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Home > All news > Mexico tariff hike to hit nearly 75% of India’s exports; autos, steel and smartphones worst hit

Mexico tariff hike to hit nearly 75% of India’s exports; autos, steel and smartphones worst hit

December 13, 2025
Reading Time: 2 minutes

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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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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