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Trump Administration Mexico Automotive Industry

Sheppard Mullin Richter & Hampton LLP

The Sky’s the Limit – Yet More Section 301 Tariffs on China

The White House at 5 am Tuesday morning in DC released its decision on the new section 301 tariffs. There is a 100% tariff on Chinese EVs effective this year (which is in addition to the usual 2.5% import duty on cars)....more

Maynard Nexsen

United States – Mexico – Canada Agreement (USMCA)

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The United States – Mexico – Canada Agreement (USMCA) goes into effect today, replacing the 25 year old NAFTA treaty. Updating NAFTA was one of the highest priorities of the Trump administration; USMCA eventually garnered...more

Sheppard Mullin Richter & Hampton LLP

Nota Bene Episode 70: Examining the USMCA: Is it Simply a Rebranded NAFTA? with Scott Maberry

As trade with our North American neighbors continues to evolve and grow, we’re taking a closer look at the newly ratified United States-Mexico-Canada Agreement (USMCA) and examining how the new Agreement will impact trade...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

USMCA Review: A New Deal for Labour in the ‘New NAFTA’

The United States–Mexico–Canada Agreement (USMCA) is a free-trade pact that was announced on November 30, 2018. This agreement changes the current rules governing North American trade contained in the North American Free...more

White and Williams LLP

US-Mexico-Canada Agreement Advantages Over NAFTA Relating To Intellectual Property, Agriculture and Automotive Manufacturing

White and Williams LLP on

Passage of the United States-Mexico-Canada Agreement (USMCA) has recently been characterized by the media as a political issue, with President Trump pushing for a vote by year’s end and House Speaker Nancy Pelosi not...more

King & Spalding

The United States Agrees to Suspend National Security Duties on Imports of Steel and Aluminum from Mexico and Canada

King & Spalding on

On May 17, 2019, the United States agreed to suspend the Section 232 tariffs that it had imposed on aluminum and steel imports from Mexico and Canada. As a result of the agreements, on May 19, 2019, President Trump issued two...more

Foley & Lardner LLP

Import Duties to Be Paid in U.S. to Solve Immigration and Bring Back Manufacturing. Really?

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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

Foley & Lardner LLP

Doing Business in Mexico

Foley & Lardner LLP on

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

Orrick, Herrington & Sutcliffe LLP

New United States-Mexico-Canada Agreement

On November 30, 2018 the United States, Mexico, and Canada formally signed the new cross-border trading agreement known as the United States-Mexico-Canada Agreement (the "USMCA"), ending almost two years of economic...more

Jones Day

Regional Shake-Up or More of the Same? How the USMCA Impacts North American Trade

Jones Day on

The Situation: The United States, Canada, and Mexico recently reached an agreement in principle to revise and replace the North American Free Trade Agreement ("NAFTA") with the United States-Mexico-Canada Agreement ("USMCA")....more

Foley & Lardner LLP

International Trade: A New Dawn for North American Trade

Foley & Lardner LLP on

The business community, lawmakers and even workers across North America breathed a collective sigh of relief on October 1, 2018, after the renegotiated NAFTA agreement was unveiled. Following negotiations that had become...more

Foley & Lardner LLP

Understanding and Coping with the U.S.-Mexico-Canada Agreement: USMCA Updates NAFTA Rules of Origin for Motor Vehicles and Auto...

Foley & Lardner LLP on

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

Hogan Lovells

AFTA NAFTA: USMCA and the path forward

Hogan Lovells on

On 30 September, after an intensive, last-minute flurry of negotiations, Canada joined the United States and Mexico in a new trilateral agreement to replace the original North American Free Trade Agreement (NAFTA 1.0). ...more

Foley & Lardner LLP

Meet the New NAFTA, Same as the Old NAFTA

Foley & Lardner LLP on

After all the gloom and doom and worry, the United States, Canada and Mexico tweaked the North American Free Trade Agreement. Most importantly (apparently), they changed the name. Banished is NAFTA. In its place is the United...more

Akin Gump Strauss Hauer & Feld LLP

U.S.-Mexico-Canada Agreement Announced

On Sunday, September 30, President Trump reached an agreement with the governments of Canada and Mexico to revise and modernize the North American Free Trade Agreement (NAFTA). Publishing the text of the new agreement just...more

WilmerHale

U.S., Mexico, Canada Agree to Update NAFTA

WilmerHale on

After more than a year of sometimes contentious negotiations, the United States, Mexico, and Canada (the “Parties”) reached an agreement late Sunday night to revise the North American Free Trade Agreement (“NAFTA”)—renaming...more

Bennett Jones LLP

Introducing the U.S.-Mexico-Canada Agreement (USMCA)

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After 13 months of negotiations, the United States, Mexico and Canada have concluded the United States-Mexico-Canada Agreement (USMCA). The USMCA is designed to replace the quarter-century-old North American Free Trade...more

Blake, Cassels & Graydon LLP

The Ins and Outs of Canada’s New Trade Agreement and NAFTA Replacement, the USMCA

On September 30, 2018, Canada and the United States resolved outstanding trade issues and announced that they, together with Mexico, agreed to a trilateral United States-Mexico-Canada Agreement (USMCA). Once ratified, the...more

Sheppard Mullin Richter & Hampton LLP

NAFTA Agreement Reached at the Eleventh Hour

A tripartite agreement to save NAFTA has been reached. The agreement, reached late last night, provides Congress the necessary 60 days’ notice of the text to approve so that President Pena Nieto of Mexico can sign before he...more

Foley & Lardner LLP

Free Trade Agreement Between U.S. and Mexico Sounds Good, but What Was Really Agreed Upon?

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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

Orrick, Herrington & Sutcliffe LLP

Mexico and U.S. Are Back in Business

The United States and Mexico reached a preliminary agreement on revisions to the North American Free Trade Agreement on Monday, ending months of political uncertainty and threats of harsh international trade policies between...more

Foley & Lardner LLP

Here Comes the U.S.-Mexico Trade Agreement

Foley & Lardner LLP on

The North American Free Trade Agreement – NAFTA for short – just took one step closer to no longer existing. As originally reported by the NY Times, the United States and Mexico announced that they had reached agreement on...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

As expected based on news over the weekend, the US and Mexico have announced a preliminary deal to revise “key portions” of the North American Free Trade Agreement. Notably, Canada is thus far left out in the cold....more

Dechert LLP

Trade War Escalates with China Tariffs

Dechert LLP on

The United States put into effect new tariffs on July 6, 2018, on roughly US$34 billion in Chinese products. In response, the Chinese government instituted retaliatory tariffs on a comparable quantity of U.S. products....more

Sheppard Mullin Richter & Hampton LLP

NAFTA Update

The 25% steel and 10% aluminum tariffs announced today, and effective 15 days from now, raise a new cloud over the NAFTA negotiations. Although they temporarily exempt Canada and Mexico, the Administration has made it clear...more

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