Mexico will raise the import tax on low-value packages from 19 per cent to 33.5 per cent from August 15, targeting shipments valued under $2,500 delivered via courier or parcel services, a regulatory note said.
The new tariff will primarily apply to imports from countries without a free trade agreement with Mexico.
A $500 shipment from China, subject to a $95 import tax, will now incur a tax of $167.50.
The new tariff will primarily apply to imports from countries without a free trade agreement with Mexico.
A $500 shipment from China, subject to a $95 import tax, will now incur a tax of $167.50.
