Mexico Slams 50% Tariff on Asian Goods, Blocking Key US Trade Backdoor

Asian exporters face a new crisis as Mexico moves to close a major loophole used to bypass U.S. trade barriers. For over a year, these companies have scrambled to avoid rising American tariffs. They rerouted shipments and rebuilt supply chains through Mexico to reach the U.S. market. That critical workaround is now under threat. Starting next year, Mexico will impose import duties as high as 50% on many Asian goods. The planned tariffs target a wide range of products. This action threatens to choke off the vital trade path that companies have relied on for access to North America. Businesses must now find new solutions or absorb severe cost increases, adding fresh pressure to global supply chains.