The decree comes into force 30 days after its publication in the Official Gazette (DOF). After its entry into force, it will be valid until December 31, 2026.
With tariff rates reaching 50 percent, the move is intended to strengthen national industries, protect employment, and promote fairer market competition.
According to President Sheinbaum, the tariff reform is aimed at:
- protection of domestic industries in vulnerable situations.
- Creating fair competition by reducing distorting external practices.
- Strengthen employment by providing stable, well-paid jobs.
- Promote regional and sustainable development.
The rationale for the decree is that years of dependence on global supply chains have weakened Mexico's manufacturing base and increased its vulnerability to external shocks. It also notes that trade liberalization, although it expands markets, does not always lead to an increase in technological potential or an increase in national content in exports. For this reason, the government is currently seeking to move production back to Mexico, strengthening domestic supply chains and ensuring that Mexican workers play a more significant role in
