The possible increase in tariffs by the United States on exports from Mexico could result in an additional spending of 817 million dollars for American families. This impact would be felt more strongly in border states such as California, Texas, Florida, and Arizona, as well as in cities with high consumption of Mexican products. Sectors such as supermarkets (fruits, vegetables, meat, beer), automobiles, electronic products, home appliances, and medical equipment would be affected.
According to Marcelo Ebrard, Secretary of Economy of Mexico, a 25% tariff on Mexican products could lead to an increase of 7.1 billion dollars in purchases from Mexico. For example, Mexico is a significant exporter of televisions, being the main supplier in the U.S. for this product. A 25% tariff on Mexican computers would affect 40 million American families, while the overall increase in tariffs would impact 32 million families, who would have to face an additional expense of 2.397 billion dollars.
In the home appliance sector, specifically in refrigerators, where 1 in 3 comes from Mexico, 5 million families in the U.S. would be affected, having to disburse an additional 10.427 billion dollars, which would increase inflationary pressures. Additionally, Mexico is the fifth supplier of computers to the United States, so this sector would also be impacted by the tariffs.
In the automotive sector, Mexico is the main supplier of cars and auto parts in the U.S. The imposition of tariffs would affect 12 million American families. Ultimately, consumers in the United States would face higher prices, lower product availability, and possible disruptions in supply chains if these tariff increases on exports from Mexico are carried out.
