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Mexico unveils new tariffs, popular e-tailers like Shein, Temu may be in crosshairs
Reuters -
31/12
Mexico's tax authority SAT issued new tariffs on Tuesday, which it said will strengthen the surveillance of goods from Asia, a measure that could impact popular online retailers like Shein and Temu.
MEXICO CITY, Dec 31 (Reuters) - Mexico's tax authority SAT issued new tariffs on Tuesday, which it said will strengthen the surveillance of goods from Asia, a measure that could impact popular online retailers like Shein and Temu.
Goods that enter Mexico via courier companies originating from countries that do not have an international treaty with Mexico will be subject to a duty of 19%, SAT said in a statement shared with reporters.
Mexico does not have an international treaty with China, where Shein and Temu are based.
Goods entering via courier companies from Canada and the U.S., which are part of the United States-Mexico-Canada trade agreement (USMCA), will be subject to a 17% duty if the value is greater than $50 but does not exceed $117.
A 19% duty will also apply to goods that exceed $1 from other countries that have international treaties with Mexico, SAT... [Short citation of 8% of the original article]
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