Mexico's recent decision to impose heightened import tariffs is set to have far-reaching consequences for India's export economy. Experts highlight that this move will primarily affect sectors such as automobiles, electronics, and chemicals, which represent a significant portion of India's trade with the South American nation.
The newly approved tariff regulations, set to take effect on January 1, 2026, will see duties ranging from 5% to 50% on goods from countries like India, China, and South Korea, which lack free trade agreements with Mexico. This shift poses a major challenge to India, whose exports to Mexico totaled USD 5.75 billion in the financial year 2025.
Industry insiders warn that the ripple effects could severely undermine India's competitiveness, disrupt existing supply cha

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