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๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico raises tariffs on countries without a trade deal, up to 50%

Published 2026-07-24 ยท 2 min read

Summary: Korea has no free trade agreement with Mexico. Since January 1, 2026, Mexico has raised tariffs on countries it has no trade deal with, including Korea, China, India, Vietnam and Thailand: 5โ€“35% on 1,463 strategic product lines such as footwear, textiles, clothing, steel and auto parts, and up to 50% on some steel products.

Why this happened

Mexico is tied to the US and Canada through the USMCA (formerly NAFTA) and has FTAs with many other countries. Koreaโ€“Mexico FTA talks, though, have been stalled since 2022. Korean officials have visited Mexico recently to push for restarting them, but there's no deal yet.

To protect its own manufacturing, especially footwear, textiles, steel and auto parts, Mexico raised tariffs on every country without an FTA, and Korea falls into that group.

Which products are hit

General consumer goods outside those 1,463 lines will likely stay close to the previous rates (our calculator defaults to 20%). Still, check the exact rate for your product.

Checking it in the calculator

In the calculator, choose a Mexican marketplace such as Mercado Libre and a warning summarizing this appears under the duty field. Since there's no FTA to claim, turning on "Have Korean certificate of origin" in the free bulk calculator doesn't change Mexico's rate; there's simply no preferential rate to apply.

โš ๏ธ Researched as of July 24, 2026. Rates depend heavily on HS classification. Confirm with a customs broker or Mexican customs before shipping.

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