ANNOUNCEMENT 31 May 2018

The Mexican government announced the imposition of import tariffs on several products as a response to the decision of the USA of increasing import duties on steel and aluminum.

NUMBER OF INTERVENTIONS

3

  • 2 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Secretariat of Economy. Secretaría de Economía. Blog "México impondrá medidas equivalentes a diversos productos ante las medidas proteccionistas de EE.UU. en acero y aluminio" of 31 May 2018. Available at: https://www.gob.mx/se/articulos/mexico-impondra-medidas-equivalentes-a-diversos-productos-ante-las-medidas-proteccionistas-de-ee-uu-en-acero-y-aluminio-158765?idiom=es

Official Gazette of Mexico. Diario Oficial de la Federación DOF 05/06/2018. Decreto por el que se modifica la Tarifa de la Ley de los Impuestos Generales de Importación y de Exportación, el Decreto por el que se establece la Tasa Aplicable durante 2003, del Impuesto General de Importación, para las mercancías originarias de América del Norte y el Decreto por el que se establecen diversos Programas de Promoción Sectorial: http://dof.gob.mx/nota_detalle.php?codigo=5525036&fecha=05/06/2018

Official Gazette of Mexico. Diario Oficial de la Federación DOF 20/05/2019. Decreto que modifica el diverso por el que se modifica la Tarifa de la Ley de los Impuestos Generales de Importación y de Exportación, el Decreto por el que se establece la Tasa Aplicable durante 2003, del Impuesto General de Importación, para las mercancías originarias de América del Norte y el Decreto por el que se establecen diversos Programas de Promoción Sectorial, publicado el 5 de junio de 2018. Availabel at: https://www.dof.gob.mx/nota_detalle.php?codigo=5560685&fecha=20/05/2019

Inception date: 05 Jun 2018 | Removal date: 20 May 2019
Still in force

Import tariff

On 31 May 2018, the Mexican Secretariat of Economy published an official statement announcing counter-balancing measures to the import tariff set on aluminium and steel by the USA.

As a result of the American actions, Mexico will increase the import duties on flat steel products, lamps, pork legs and arms, cold meats and other meal preparations, apples, grapes, blueberries and several kinds of cheese among others.

The Mexican government stated that this import tariff increase will be in force until the USA eliminates the newly established import duties.

Notably, a number of other countries also imposed retaliation measures in the form of duties in reaction to the imposition of steel and aluminium duties by the United States, see related state acts.

Update
On 5 June 2018, the Secretariat of Economy of Mexico published a Decree concerning the official announcement made on 31 May 2018. The new legislation states that the Mexican government has increased the import duties on 146 product categories enclosed in 73 tariff lines. The new import duties have increased to values of up to 25%. Previously, all these products enjoyed a preferential import duty.
 
On 20 May 2019, the Mexican Government has adopted a Decree revoking the retaliatory measures adopted concerning US Section 232 tariffs on steel and aluminium. As a result, the import duties of the 146 product categories enclosed in 73 tariff lines that were increased by the Decree of 5 June 2018, have been restored to its original values.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A
Inception date: 05 Jun 2018 | Removal date: 31 Jan 2019
Still in force

Import tariff

On the Decree published on the Official Gazette by the Mexican Secretariat of Economy on 5 June 2018, the executive also announced the inclusion of 11 tariff lines in the Sectoral Promotion Program. As a result, the import duty on this product has been reduced from 15% to 0%.

The new import duties have a temporary character and apply until 31 January 2019.

Inception date: 05 Jun 2018 | Removal date: 31 Jan 2019
Still in force

Import tariff

The Decree adopted on 5 June 2018 by the Secretariat of Economy of Mexico also increased the import duties on 186 tariffs lines corresponding to metal products.

The Government argued that the increase in the import duties of steel and aluminium set by the USA would result in product surpluses around the globe and this would cause important trade distortions that would subsequently impact the Mexican production of these two commodities. Hence, the Government has increased the duties from values ranging between 0% and 7% to 15%.

The new import duties have a temporary character and apply until 31 January 2019.