Over the last few years, Temu and Shein have become two very popular platforms in Mexico. Thanks to their low prices, users have an endless number of products at their disposal that do not considerably damage their wallet. However, this will change in 2025, as new laws will force companies in China to pay tariffs.
A few days ago, the Government of Mexico implemented a new tariff scheme, focused on purchases of textiles and manufactured products from countries without free trade agreements, such as China. In total, there is talk of a tariff of 35% for ready-made goods and 15% for textiles.
Specifically, the new tariffs will increase the prices of coats, raincoats and jackets by 35%; by 35% the costs of girdles, bras and underwear; 15% denim fabrics; by 35% bedding and blankets, except electric; and 35% clothing accessories and accessories. However, these measures will be in force until April 2026, although at the moment it is unknown what will happen after this date.
As if that were not enough, the Tax Administration Service, better known as SAT, has established that foreign platforms must register and comply with the payment of taxes, with the aim of combating tax evasion and regulating electronic commerce. Thus, as of January 1, 2025, these companies will be required to: withhold the 16% Value Added Tax (VAT), register in the Federal Taxpayer Registry (RFC), and comply with Mexican tax regulations.
According to the president, Claudia Sheinbaum, these are measures focused on strengthening the Mexican market in the face of the growing consumption of products on sites like Temu and Shein. Thus, the prices of products on these platforms are expected to increase considerably in 2025. On related issues, Temu is accused of being a malware application. Likewise, Temu responds to his research in Europe.
Via: El País.
