The 2026 Economic Package, submitted by the federal government to Congress, includes proposed changes to the General Import and Export Tax Law (LIGIE), which would raise tariffs on more than 1,000 products.
According to the document, the initiative aims to strengthen the domestic market through the Mexico Plan. Industries that could be affected by the tariff increases include automotive, textiles, apparel, plastics, steel, household appliances, aluminum, toys, furniture, footwear, leather goods, paper and cardboard, motorcycles, trailers, and glass.
The proposal notes that for several years, Mexico’s economy became integrated into global value chains under schemes that favored imports, which weakened some industries and increased vulnerability to external shocks. The new measures are intended to bolster domestic production amid global trade reconfigurations.
The text also clarifies that the initiative aligns with Mexico’s international commitments, as goods originating from countries with which Mexico has trade agreements will continue to benefit from preferential tariff treatment, provided they meet the requirements established in those agreements.
Earlier, the Ministry of Finance indicated that the main goal of the measure is to protect key sectors, particularly the automotive and manufacturing industries.
Source: XEU Noticias
