SHEN News Explorer
Stay informed with the latest market news and analysis about SHEN
View SHEN on Yahoo Finance →2024-12-31
Mexico unveils new tariffs, popular e-tailers like Shein, Temu may be in crosshairs
Dec 31, 2024, 2:50 PM
Mexico's tax authority SAT issued new tariffs on Tuesday, which it said will strengthen the surveillance of goods from Asia, a measure that could impact popular online retailers like Shein and Temu. Goods that enter Mexico via courier companies originating from countries that do not have an international treaty with Mexico will be subject to a duty of 19%, SAT said in a statement shared with reporters.