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August 15, 2025 3 mins
Listeners, welcome back to Mexico Tariff News and Tracker. Today is August 15th, 2025, and we have major updates on tariffs affecting trade between the United States and Mexico, alongside key news from the Trump administration on the broader tariff landscape.

Mexico’s government has announced a significant change to its import tariff regime effective today. According to the Official Gazette of the Federation, a new 33.5 percent tariff will now apply to most international shipments entering Mexico. This dramatic increase primarily targets imports not covered under the United States-Mexico-Canada Agreement. For US-origin shipments that meet USMCA requirements, no new tariff hikes are in place, but the existing rate structure still matters. As of now, goods valued under $50 are exempt, shipments between $50 and $117 incur a 17 percent tariff, and above $117 the rate is 19 percent. If you’re a business or shipper using Mexico’s simplified courier scheme, keep in mind that USMCA-qualifying goods over $117 still face that 19 percent tariff, while non-USMCA goods, that is, shipments not entirely sourced or made in the US, face the steep new 33.5 percent rate. These changes, effective immediately, mean that for anyone relying on cross-border e-commerce or expedited shipping, examining eligibility for USMCA status is more crucial than ever.

On the US side, President Donald Trump’s “reciprocal” tariff policies continue to send ripples through international markets. The administration claims its new approach simply matches US tariffs on imports from foreign countries to the tariffs those countries place on American exports. But economists at the Cato Institute point out that, in reality, Trump's tariffs on countries like Mexico often exceed what those countries charge US goods. For the US’s most significant trading partners, including Mexico, the average tariff rates set by the Trump administration are notably higher than what Americans face in return.

Recent figures released by the Wharton School’s Budget Model project show an average effective US tariff rate in June 2025 of 9.1 percent, up sharply from just 2.2 percent at the beginning of the year. While China faces the steepest rates at nearly 40 percent, effective tariffs on Mexican goods have climbed steadily, rising above 4 percent this spring and signaling increased costs for US importers sourcing from Mexico. Despite exemptions for USMCA-qualifying products, hefty tariffs now apply to goods that don’t meet those strict rules of origin, with a country-specific rate of 25 percent for non-USMCA Mexican imports—a policy announced by President Trump back in March.

Diplomatic relations between Washington and Mexico City remain steady for now, as indicated by the US ambassador’s recent statement about a new era of collaboration under President Trump, but ongoing tariff escalation is adding complexity to supply chains and cross-border trade.

Listeners, that’s your essential rundown for today, August 15th, 2025. Big takeaways: Mexico’s new 33.5 percent tariff on most non-USMCA imports is now live, and Trump’s reciprocal tariff push is keeping pressure high on US-Mexico trade.

Thanks for tuning in, and don’t forget to subscribe. This has been a Quiet Please production, for more check out quiet please dot ai.

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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Listeners, Welcome back to Mexico Tariff News and Tracker. Today
is August fifteenth, twenty twenty five, and we have major
updates on tariffs affecting trade between the United States and Mexico,
alongside key news from the Trump administration on the broader
tariff landscape. Mexico's government has announced a significant change to

(00:20):
its import tariff regime effective today. According to the Official
Gazette of the Federation, a new thirty three point five
per cent tariff will now apply to most international shipments
entering Mexico. This traumatic increase primarily targets imports not covered
under the United States Mexico Canada Agreement for US origin
shipments that meet U S MEMCA requirements. No new tariff

(00:43):
hikes are in place, but the existing rate structure still
matters As of now. Goods valued under fifty dollars are exempt.
Shipments between fifty dollars and one hundred and seventeen dollars
incur seventeen percent tariff, and above one hundred and seventeen
dollars the rate is nineteen percent. If you're a business
or shipper using Mexico's Simplified Courier scheme, keep in mind

(01:06):
that USMCA qualifying goods over one hundred and seventeen dollars
still face that nineteen percent tariff, while non USMCA goods,
that is, shipments not entirely sourced or made in the US,
face the steep new thirty three point five percent rate.
These changes effective immediately mean that for anyone relying on

(01:26):
cross hyphen border e hyphen commerce or expedited shipping, examining
eligibility for USMCA status is more crucial than ever. On
the US side, President Donald Trump's reciprocal tariff policies continue
to send ripples through international markets. The administration claims its
new approach simply matches US tariffs on imports from foreign

(01:48):
countries to the tariffs those countries place on American exports,
but economists at the Cato Institute point out that in reality,
Trump's tariffs on countries like Mexico are often exceed what
those countries charge US goods. For the US's most significant
trading partners, including Mexico, the average tariff rates set by

(02:09):
the Trump administration are notably higher than what Americans face
a return. Recent figures released by the Wharton School's Budget
Model Project show an average effective US tariff rate in
June twenty twenty five of nine point one percent, up
sharply from just two point two percent at the beginning
of the year. While China faces the steepest rates at

(02:31):
nearly forty percent. Effective tariffs on Mexican goods have climbed steadily,
rising above four percent this spring and signaling increased calls
for US importers sourcing from Mexico. Despite exemptions for USMCA
qualifying products, hefty tariffs now apply to goods that don't
meet those strict rules of origin, with a country specific

(02:53):
rate of twenty five percent for non USMCA Mexican imports,
a policy announced by President Trump back in March. Diplomatic
relations between Washington and Mexico City remain steady for now,
as indicated by the US ambassador's recent statement about a
new era of collaboration under President Trump, but ongoing terriff

(03:16):
escalation is adding complexity to supply chains and cross border
trade listeners. That's your essential rundown for today, August fifteenth,
twenty twenty five. Big takeaways. Mexico's new thirty three point
five percent tariff on most non USMCA imports is now live,
and Trump's reciprocal tariff push is keeping pressure high on

(03:38):
US Mexico trade. Thanks for tuning in and don't forget
to subscribe. This has been a quiet please production. For more,
checkout quiaplease dot ai
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