2025-03665NoticeWallet

New Taxes on Mexican Imports: Battling Border Chaos One Tariff at a Time

Published Date: 3/6/2025

Notice

Summary

Starting soon, certain products coming from Mexico will face new import taxes to help manage issues at our southern border. These changes follow the President’s orders and will update the official list of taxed items, affecting businesses that trade with Mexico. Keep an eye out for when these duties kick in and how they might impact prices and trade.

Analyzed Economic Effects

2 provisions identified: 0 benefits, 2 costs, 0 mixed.

New import duties on Mexico goods

The Department of Homeland Security will modify the Harmonized Tariff Schedule of the United States (HTSUS) to add specified duties on certain products that are products of Mexico, as set out in the Annex to this notice. This change implements Executive Order 14194 (as amended by Executive Order 14198) and the President’s March 2, 2025 amendment, and directly affects businesses that import or trade goods with Mexico.

Consumers may face higher retail prices

Because new duties will be added to certain products that are products of Mexico under the HTSUS (implementing Executive Order 14194, as amended and the March 2, 2025 amendment), sellers facing higher import costs may pass those costs on to buyers. You could see higher retail prices for goods that come from Mexico as a result of these duties.

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Key Dates

Published Date
3/6/2025

Department and Agencies

Department
Independent Agency
Agency
Homeland Security Department
U.S. Customs and Border Protection
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