Amazon Set To Benefit From Mexico's Import Tariffs Affecting Temu, Shein — Analysts See Window Of Opportunity For Established Players
Amazon Set To Benefit From Mexico's Import Tariffs Affecting Temu, Shein — Analysts See Window Of Opportunity For Established Players
This structure particularly benefits Amazon, which sources approximately 30% of its Mexican inventory from the U.S., Itau BBA said, according to Reuters.E-commerce giants Amazon.com Inc. (NASDAQ:AMZN) and MercadoLibre Inc. (NASDAQ:MELI) are positioned to strengthen their market dominance in Mexico following the country's implementation of new import tariffs targeting Asian competitors, according to Itau BBA analysts.
电子商务巨头亚马逊公司（纳斯达克：AMZN）和MercadoLibre公司（纳斯达克：MELI）在墨西哥市场的发展势头将进一步增强，原因在于该国实施了针对亚洲竞争对手的新进口关税，福汇BBA分析师表示。
What Happened: Mexico imposed a 19% tax on courier service imports from nations without free-trade agreements, primarily affecting Chinese fast-fashion retailers Shein and PDD Holdings Inc.'s (NASDAQ:PDD) Temu. The move comes as Mexico intensifies scrutiny of Chinese imports amid broader trade tensions with Asia.
事件经过：墨西哥对来自没有自由贸易协议国家的快递服务进口征收19%的税，主要影响中国快时尚零售商Shein和拼多多（NASDAQ:PDD）的Temu。此举是在墨西哥加强对中国进口的审查之际，正值与亚洲的贸易紧张关系加剧。
The policy maintains preferential treatment for U.S. and Canadian imports under the USMCA trade agreement, with exemptions for purchases under $50 and a reduced 17% duty on items valued between $50 and $117.
该政策对根据美墨加贸易协议的美国和加拿大进口保持优先待遇，免除价值低于50美元的购买，以及对价值在50美元到117美元之间的商品征收17%的减税。
This structure particularly benefits Amazon, which sources approximately 30% of its Mexican inventory from the U.S., Itau BBA said, according to Reuters.
根据路透社的报道，意大利BBA表示，这一结构特别有利于亚马逊，亚马逊约30%的墨西哥库存来自美国。
While MercadoLibre imports about 15% of its Mexican merchandise from China, analysts expect the company to see net positive effects from reduced competition. The development follows Mexico's recent implementation of additional protective measures, including a 35% tariff on finished fabric products and a 15% duty on raw textiles.
尽管MercadoLibre大约15%的墨西哥商品来自中国，但分析师预计该公司将因竞争减少而受到净正面影响。这一发展是在墨西哥近期实施额外保护措施之后，包括对成品织物征收35%的关税和对原材料纺织品征收15%的税。
Why It Matters: The timing is significant as President-elect Donald Trump has promised "very serious" tariffs on Mexican imports, citing concerns about the country serving as a conduit for Chinese goods. Mexican authorities have responded with "Operation Clean-Up," targeting contraband Asian imports.
意义何在：这一时机意义重大，因为当选总统特朗普概念承诺对墨西哥进口征收"非常严重"的关税，指出该国作为中国货物通道的担忧。墨西哥当局已通过"清理行动"对此作出回应，集中打击走私的亚洲进口商品。
"The policy appears designed to close loopholes that previously allowed companies, primarily from China, to redirect goods to the local market through preferential import channels," Itau BBA analysts wrote, highlighting the potential for established e-commerce players to capture market share.
意大利BBA的分析师写道，"该政策似乎旨在关闭之前允许主要来自中国的公司通过优先进口渠道将商品转向本地市场的漏洞，"突显出成熟的电子商务玩家抓住市场份额的潜力。
The measures come as Mexico grapples with inflation above 4%, a factor that had previously helped Asian retailers gain market share through competitive pricing strategies.
随着墨西哥面临超过4%的通货膨胀，这一措施出台，而此前这一因素帮助亚洲零售商通过竞争定价策略获得市场份额。
