Starting in January 2026, Mexico officially raised tariffs on Light Vehicles (LVs) from 20% to 50%, applying only to countries that do not have a Free Trade Agreement (FTA) in place. While the change in rate affects many markets,

Mexico and the US have agreed to start formal USMCA review talks, focusing on rules of origin, critical minerals, and trade policy alignment.

Mexico has placed tariffs up to 50% on goods from China and other countries following a 76-5 vote in the country’s Senate last month.

The Mexican president's agenda on Friday includes a news conference, ribbon-cuttings at an elevated roadway and a university in Tijuana, and the kickoff of a social program in Ensenada.

Mexico's new tariffs create opportunities for US plastics firms to expand market share while presenting supply chain challenges

The Trump administration said Saturday it had imposed a 25% tariff on goods from Canada and Mexico and a 10% tariff on China.

The Treasury Department announced a general license authorizing U.S. firms to trade Venezuelan oil after Caracas approved a law to improve terms for foreign investors.