Mexico Hikes Import Tax on Low-Value Goods to 33.5%: Retail Week

This week in retail news: Temu is under scrutiny by the European Commission for alleged violations of the Digital Services Act, including failure to curb the sale of illegal products. Meanwhile, Mexico is preparing to raise import taxes on low-value packages to 33.5%, a move expected to impact cross-border commerce. Grupo Bimbo reported record sales but a decline in profits, and Amazon Mexico celebrated its most successful Prime Day to date.

Read more here:

Temu Probed by EU for DSA Breach, Illegal Sales Issues

The European Commission announced that Chinese e-commerce platform Temu is failing to comply with the EU’s Digital Services Act (DSA) by not taking adequate measures to prevent the sale of illegal products on its site. It concluded that Temu’s risk assessment relied on general industry information rather than a platform-specific analysis.

Mexico to Hike Import Tax on Low-Value Packages to 33.5%

Mexico will raise the import tax on low-value packages from 19% to 33.5% starting Aug. 15, targeting shipments valued under US$2,500 delivered via courier or parcel services, according to a regulatory change published Monday.

Bimbo Posts Record 2Q25 Sales but Profit Falls 14.9%

Grupo Bimbo, the world’s largest bakery company, reported mixed 2Q25 results, achieving record sales but a 14.9% year-over-year decline in net profit. Net sales rose 9.4% to MX$107.5 billion, driven by favorable currency exchange rates and contributions from recent acquisitions, including Brazil-based Wickbold and Seven Boys. 

Amazon Mexico’s Prime Day Hits Record MX$1.6 Billion in Savings

Amazon Mexico announced record-breaking results from the ninth edition of Prime Day, with Prime members saving a total of MX$1.64 billion during the seven-day event, the longest held in the country to date. Running from July 9 to 15, Prime Day 2025 offered discounts of up to 60% across a wide range of products.

Mexico’s Wholesale Trade Revenues Fall 7.8% YoY in May

Wholesale trade revenues in Mexico fell 7.8% year over year in May, marking the third consecutive monthly decline and the second steepest drop so far in 2025, according to data from the National Institute of Statistics and Geography (INEGI).