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ARTICLE · 11 AUGUST 2025

Tariffs: How Much Impact Do They Have On My Business?

Vázquez Tercero & Zepeda
Vázquez Tercero & Zepeda
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Vázquez Tercero & Zepeda

Vázquez Tercero & Zepeda

Vazquez Tercero & Zepeda (VTZ) has been at the forefront of economic law, international trade, and...

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The reality of the current tariff situation is that, although they can greatly affect larger exporters, small and medium-sized businesses in Mexico have also been made vulnerable by the imposition of tariffs, as they generate effects that transcend international trade and exports to the United States

MexicoInternational Law

Since the beginning of Donald Trump's second term as President of the United States, the word "tariff" has taken center stage in the news. In February 2025, the U.S. government imposed tariffs on products from Canada, China and Mexico, and in April of the same year, universal tariffs were imposed on the rest of the world. Since then, some countries have reached agreements to reduce their tariffs, while others have faced additional increases. Mexico, however, continues to be one of the countries most affected by these impositions, which has had a considerable impact on the country's economy.

Taking into consideration the imposition of these tariffs in Mexico, it is crucial for entrepreneurs and business owners to know what tariffs are, where they are regulated and what impact they can have on your business. Although it is true that, in this context, they mainly affect companies exporting to the United States, tariffs can have a great impact on the entire national

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