Brief by Shorts91 Newsdesk / 02:04pm on 11 Dec 2025,Thursday India Global
Mexico approved tariffs up to 50% on hundreds of goods from countries without trade agreements, including India and China, effective next year. President Claudia Sheinbaum's government justified the move to protect local employment and manufacturing. Indian automakers face the heaviest impact, as Mexico is India's third-largest car export market after South Africa and Saudi Arabia. The tariffs threaten $1.8 billion worth of shipments from Volkswagen and Hyundai. India exported $5.63 billion to Mexico in 2025, with vehicles comprising $1.86 billion, followed by electrical equipment ($612 million), machinery ($561 million), organic chemicals ($388 million), and aluminum ($386 million). Indian industry groups are lobbying to prevent implementation. (PC: AFP)
