Mexico Raises Import Taxes on Online Purchases from Shein, Temu

Mexico is raising import taxes on small online purchases from companies such as Chinese retailers Shein Group Ltd. and Temu as negotiations to avoid US tariffs go down to the wire.

The new 33.5% levy, raised from a prior 19%, will apply to goods imported from China and other countries with which Mexico has no trade agreement. Products coming from the US and Canada via courier service will continue to pay a 17% duty if priced between $50 and $117. Those priced below that range will remain exempt while those above will now pay a 19% tax.

The decision, published ...