Tariffs

The imposition of tariffs, such as the recently announced ones, has direct and significant impacts on the economy, especially in countries with a high degree of trade dependency. A prime example of this is Mexico, which sends more than 80% of its exports to the United States, making these measures of great importance to the Mexican economy.

A tariff is a tax levied on imported goods, and in this case, a 25% tariff directly affects key sectors such as the automotive industry, electronics, the energy sector, steel, aluminum, semiconductors, pharmaceuticals, and agricultural products like avocados. These sectors represent a significant portion of the high-value exports.

Small and medium-sized enterprises (SMEs), which form the backbone of the Mexican economy, are also indirectly impacted. These businesses face higher operating costs and potential disruptions in their supply chains, which could reduce their competitiveness and profitability.

Mexico has been an attractive destination for foreign investment due to its proximity to the United States, competitive costs, and trade agreements such as the USMCA (United States-Mexico-Canada Agreement). However, tariffs could jeopardize this advantage, especially if companies do not have clear strategies in place to adapt to the new realities.

In summary, tariffs have a multifaceted impact on the economy by affecting prices, competitiveness, and supply chains. Their implementation must be carefully evaluated to minimize negative effects and maximize potential benefits.