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U.S. tariffs on Chinese goods routed through Mexico raise toy production costs, threatening higher prices.
In early 2026, Mexican toy manufacturers like Lego and Mattel face rising production costs due to new tariffs on Chinese imports, which were imposed to protect domestic industries and address U.S. concerns over Chinese goods entering through Mexico.
Despite Mexico’s efforts to balance trade relations, toy makers struggle to source essential materials like plastic and electronic chips, as local supply from Pemex covers only a fraction of demand.
The tariffs, part of broader U.S.-Mexico trade tensions ahead of the USMCA review, threaten tight margins and could lead to higher consumer prices if the upcoming negotiations fail to deliver fair outcomes.
Los aranceles estadounidenses a los productos chinos que pasan por México aumentan los costos de producción de juguetes, amenazando con precios más altos.