Why Mexico Is Slapping Huge Tariffs on Asian Imports -What This Means for India's Biggest Exports?

Starting Jan 1, 2026, Mexico will hike import tariffs (5–50%) on 1,460+ products from non-FTA countries, including India and China. Autos, machinery, steel, and textiles face the biggest impact, risking $1.8B in Indian car exports and cutting overall exports 25–40%.