[SMM Express] According to an announcement issued by the Customs Tariff Commission of the State Council, the tariffs on zinc products will not undergo new adjustments in 2026. The import and export tax rates will remain consistent with the standards implemented in 2025, with no changes in tax rates or regulations. Under this policy continuity, related trade costs are expected to remain stable.

【SMM Analysis】Aluminium Import Tariffs in Mexico: Previewing Upcoming Changes

[Analysis by SMM: Upgraded Tariff Barriers in Mexico Present Resilience and Challenges for China's Aluminum Semis and Products Exports to Mexico] As a key participant in the global aluminum industry chain, China's aluminum semis and products exports to Mexico have shown a complex pattern of "resilience and challenges" coexisting amid recent trade frictions. In recent years, Sino-Mexican trade relations have become strained due to multiple unilateral tariff hikes and restrictive measures imposed by Mexico, creating a dynamic of "Mexico taking the initiative to apply pressure, while China responds with precise countermeasures." Combining SMM's exclusive monthly export data from 2023-2025 and the latest tariff policy updates from Mexico, we conduct an in-depth analysis from four dimensions: policy impact, data trends, causes and effects, and industry responses.