COVID-19 has and will continue to pose a series of challenges and legal issues to companies doing business in Mexico. The more a company understands about the current challenges, as well as their potential development, will...more
In the three years it took for the United States-Mexico-Canada Agreement (USMCA) to come to fruition, there was much uncertainty surrounding trade relations with Mexico, yet U.S. business executives’ bullishness about...more
The updated USMCA was signed on December 10, 2019.
These are not business-as-usual times in the trading world. As we know, there is the ongoing trade war with China, Brazil and Argentina are back in the steel and aluminum...more
12/17/2019
/ Aluminum Sales ,
Automotive Industry ,
Canada ,
Corporate Counsel ,
Cross-Border Transactions ,
Dispute Resolution ,
Environmental Policies ,
Free Trade Agreements ,
Imports ,
Intellectual Property Protection ,
Investor State Dispute Settlement (ISDS) ,
Labor Regulations ,
Mexico ,
NAFTA ,
Steel Industry ,
United States-Mexico-Canada Agreement (USMCA)
Due to what was firstly characterized as an illegal immigration crisis, and then as a measure to force companies to leave Mexico and return to the U.S., the Trump administration announced that starting June 10, 2019, it plans...more
6/5/2019
/ Automotive Industry ,
Canada ,
Cross-Border Transactions ,
Free Trade Agreements ,
Immigration Reform ,
Mexico ,
NAFTA ,
Supply Chain ,
Tariffs ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
The USMCA, signed on November 2018, is making its way through the legislative processes in the United States, Mexico, and Canada. Both Mexico and Canada will be closely looking at the eventual progress in the United States...more
Building upon the centuries-old business relationship between Mexico and the United States, NAFTA allowed both countries to benefit from a seamless workshop that clearly made the pie larger. The 25-year-old contract needed to...more
3/20/2019
/ Automotive Industry ,
Cross-Border Transactions ,
Exports ,
Free Trade Agreements ,
Manufacturers ,
Mexico ,
NAFTA ,
OEM ,
Steel Industry ,
Trans-Pacific Partnership ,
United States-Mexico-Canada Agreement (USMCA) ,
WTO
Welcome to Foley’s new Automotive MarketTrends newsletter. In each edition, we will focus on a different aspect of the automotive sector and highlight key trends in the industry. The global automotive industry is experiencing...more
NAFTA boosted the centuries-old business relationship between Mexico and the United States by allowing both countries to benefit from a seamless workshop that undoubtedly made the pie larger. As with any 25-year-old contract,...more
On September 30, 2018, the United States, Mexico and Canada announced that they have reached an agreement on a “new, modernized trade agreement for the 21st Century” (USTR, 09/30/2018). Going by the new name of the...more
11/8/2018
/ Automotive Industry ,
Canada ,
Cross-Border Transactions ,
Free Trade Agreements ,
Manufacturers ,
Mexico ,
NAFTA ,
Supply Chain ,
Trade Relations ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
On August 27, 2018, the United States and Mexico publicized that they have reached a "preliminary agreement in principle" to update NAFTA. The third treaty-partner, Canada, would then join the negotiations on what is assumed...more
9/4/2018
/ Automotive Industry ,
Cross-Border Transactions ,
Exports ,
Foreign Relations ,
Free Trade Agreements ,
Imports ,
Mexico ,
NAFTA ,
Trade Relations ,
Trump Administration ,
US Trade Policies
In an unprecedented election process with the participation of more than 63 percent of the eligible voters, Andres Manuel Lopez-Obrador, better known by his initials, AMLO, won the Mexican presidency with an astonishing 53...more