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Mexico Implements New Tariffs, E-commerce Giants Like Shein and Temu Could Be Affected

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Mexico’s tax authority, SAT, introduced new tariffs on Tuesday aimed at strengthening the surveillance of goods imported from Asia. This move may significantly impact popular online retailers like Shein and Temu, as both companies are based in China, which does not have an international treaty with Mexico.

Under the new regulations, goods entering Mexico through courier companies from countries without such treaties will be subject to a 19% duty. Goods entering from Canada and the U.S., which are part of the United States-Mexico-Canada Agreement (USMCA), will face a 17% duty if their value exceeds $50 but is under $117. Additionally, goods valued over $1 from countries with international treaties with Mexico will also be charged a 19% duty.

The SAT stated that the new tariffs were designed to combat “abusive practices” and that goods previously exempt from duties will now be taxed. These changes, effective from January 1, align with broader tax reforms targeting e-commerce. On December 19, President Claudia Sheinbaum’s administration announced a decree imposing import duties of up to 35% on various goods, including clothing and home products, to curb tax evasion and ensure fair competition for local businesses.

This decision could disrupt Mexico’s IMMEX program, which allows foreign companies to import goods tax-free for U.S. market sales. E-commerce giants Shein and Temu, in particular, could face challenges due to the higher tariffs, as they compete with established U.S. retailers such as Walmart and Amazon.

 

Mexican Drug Lord Who Founded Zetas Released from U.S. Prison

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Osiel Cardenas, the notorious Mexican drug lord who founded the ultra-violent Zetas cartel, has been released from a U.S. prison after serving over a decade behind bars. Initially captured in 2003 and extradited to the United States in 2007, Cardenas was sentenced to 25 years in prison in 2010.

The Zetas, once an enforcement arm of Cardenas’ Gulf Cartel, became one of the most feared and violent crime syndicates in Mexico, notorious for their brutal methods. Although their influence has waned in recent years, the group was largely responsible for escalating violence, extortion, and kidnapping for ransom across Mexico.

Cardenas was released into the custody of U.S. Immigration and Customs Enforcement (ICE) on Friday, though it remains unclear whether he will be deported to Mexico or remain in U.S. custody. According to a U.S. official cited by NBC, the Biden administration is expected to hand Cardenas over to Mexico, where he faces outstanding charges.

Leo Silva, a former U.S. Drug Enforcement Administration (DEA) agent who fought against the Zetas, noted that Cardenas was a key figure behind the rise in gruesome violence across Mexico. “He unleashed this mentality of creating fear in the country,” Silva said, referencing Cardenas’ role in expanding organized crime’s reach beyond drug trafficking to extortion and terrorizing communities.

Cardenas is currently being held in a U.S. immigration detention center, pending a final decision on his fate.

Tinder expands ID verification to the US, UK, Brazil, and Mexico

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Tinder is broadening its identity verification program to encompass users in the U.S., U.K., Brazil, and Mexico, as announced by the company on Tuesday. This program acts as an additional measure for users to validate the authenticity of their profiles on the dating platform and attain a blue verified checkmark. Tinder aims to roll out this feature in the U.S. and Mexico by summer, followed by the U.K. and Brazil by spring. Devamını Oku