Announced at the end of 2024, the increase in customs duties on clothing imports into Mexico is making life more difficult for the many American brands that used to pass through the country to avoid taxes on their territory.

 

Mexico wants to protect its clothing industry.

 

Threatened by Donald Trump with a 25% tariff hike on all imports from the country, Mexico is also deploying countermeasures against globalization…and in particular against competition from Chinese players in the minis-price fashion sector.

 

On December 19, Mexico’s President Claudia Sheinbaum signed a decree to further tax textile imports until 2026.

 

According to Marcelo Ebrard , Mexico’s Secretary of the Economy, this measure is intended to combat the import of products sold at “incredibly low” prices. It targets “specific categories” of products.

 

Circumvention of trade rules

 

Additional customs duties of 35% will apply to the import of 138 ready-to-wear products, and 15% to 17 types of textile goods, said Marcelo Ebrard.

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Victor Gosselin
Victor Gosselin is a journalist specializing in luxury, HR, tech, retail, and editorial consulting. A graduate of EIML Paris, he has been working in the luxury industry for 9 years. Fond of fashion, Asia, history, and long format, this ex-Welcome To The Jungle and Time To Disrupt likes to analyze the news from a sociological and cultural angle.
Luxus Magazine Automne/Hiver 2024

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