India has initiated discussions with Mexico following the latter’s unilateral decision to sharply raise import tariffs on a wide range of products, a move that could impact Indian exporters.
According to news agency PTI, New Delhi is seeking mutually beneficial solutions through dialogue, while also reserving the right to take appropriate measures to safeguard the interests of domestic exporters.
The revised tariff structure applies to countries that do not have free trade agreements with Mexico. This includes India, along with China, South Korea, Thailand and Indonesia. The higher duties are part of Mexico’s broader effort to recalibrate its trade policy and strengthen domestic manufacturing.
An official told PTI that India has been actively engaging with Mexico on the issue since the proposal was first floated. Even before the tariffs were formally approved, the Indian Embassy in Mexico had raised concerns with Mexico’s Ministry of Economy. On September 30, 2025, India sought special concessions to ensure that its exports were protected from the proposed tariff hike.
“India values its partnership with Mexico and stands ready to work collaboratively toward a stable and balanced trade environment that benefits businesses and consumers in both countries,” the official said, underlining New Delhi’s preference for dialogue and cooperation.
Alongside efforts to resolve the immediate tariff issue, India and Mexico are also exploring the possibility of launching negotiations for a free trade agreement. Officials on both sides are reportedly working on finalising the terms of reference, which would formally pave the way for talks.