The three parties to the United States – Mexico – Canada Agreement (USMCA) are beginning domestic consultations ahead of the scheduled 2026 joint review, which could lead to changes in the agreement. Under a novel provision...more
11/18/2024
/ Canada ,
Cross-Border Transactions ,
Exports ,
Legislative Agendas ,
Mexico ,
Regulatory Agenda ,
Trade Negotiations ,
Trade Relations ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
USTR
On September 18th, the "Agreement Amending the One that Establishes the Goods Whose Import and Export are Subject to Regulation by the Ministry of Energy" (the "Agreement") was published in the Official Gazette of the...more
On September 12, 2024, the Ministry of Economy published in the Official Gazette of the Federation a resolution declaring the initiation of an antidumping investigation on imports of epoxidized soybean oil originating from...more
On July 10, 2024, United States President Joseph R. Biden issued two separate proclamations that narrow the exclusions from tariffs imposed under Section 232 of the Trade Expansion Act of 1962 ("Section 232") for certain...more
On April 22, 2024, the ‘DECREE amending the Tariff of the Law on General Import and Export Taxes’ was published in the Official Gazette of the Federation.1 This decree will be valid for two years starting from its effective...more
On April 15th, the 'Agreement amending the agreement by which the Ministry of Economy issues General Rules and Criteria on Foreign Trade' (the 'Agreement')1 was published in the Official Gazette of the Federation, which will...more
Three months into the year, the suspensions of the Importers' Registry exceed 70% of the total suspended taxpayers for the entire year of 2023.
Currently, there are a total of 47 reasons for which the Mexican authorities...more
The Petition -
On December 29, 2023, the U.S. Glass Producers Coalition ("Petitioners") filed an antidumping duty ("ADD") petition on imports of certain glass wine bottles from the People's Republic of China ("China"), the...more
1/4/2024
/ Anti-Dumping Duty ,
Chile ,
China ,
Countervailing Duties ,
Importers ,
Imports ,
International Trade Commission (ITC) ,
Investigations ,
Mexico ,
Tariffs ,
U.S. Commerce Department
As we embark on our third year of Latin America Focus, the ever-evolving landscape in the region brings fresh opportunities and challenges for local, regional and international businesses.
After an extremely positive...more
11/6/2023
/ Arbitration ,
Chapter 11 ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Exports ,
Foreign Investment ,
Imports ,
Insolvency ,
Investment ,
Investors ,
Latin America ,
Lithium Batteries ,
Minerals ,
Mining ,
Regulatory Agenda ,
Regulatory Requirements ,
Sustainability ,
Tax Treaty
On October 23, 2023, the Mexican Executive published in the Federal Official Gazette the "Decree establishing measures to combat the illicit market of fuels, related to the importation of goods regulated by SENER" ("Decree")....more
Mexico continues issuing rules to entice nearshoring investments. On October 11, 2023, the Federal Government published the Decree Granting Tax Benefits to key Export Sectors Consisting of the Accelerated Depreciation of the...more
The United States has requested the establishment of a bilateral dispute settlement panel under the United States – Mexico – Canada Agreement (USMCA) against Mexico's Presidential Decree of February 13, 2023,2 establishing a...more
On August 22, 2023, the United States made the first-ever request for the formation of panel under the United States-Mexico-Canada Agreement's (USMCA) facility-specific Rapid Response Labor Mechanism (RRM) panel. The case...more
An average tariff of 25% will be imposed on steel, textile, footwear, chemicals, and other products until July 31, 2025, for countries with whom Mexico does not have a preferential or free trade agreement....more