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North America Prepares for 2026 USMCA Review and Potential Renegotiation

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

Modification of the guidelines regulating the issuance of import and/or export Permits for hydrocarbons and petroleum products

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

Mexico Initiates Antidumping Investigation on Imports of Epoxidized Soybean Oil Originating from the Federative Republic of Brazil...

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

Mexico reinstates tariff hikes ranging from 5% to 50% on over 544 goods

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

Latin America Focus - Fall 2023

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

Government promotes Nearshoring to Mexico with Additional Tax Benefits

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

10/19/2023  /  Exports , Investment , Mexico , Tax Benefits

United States request USMCA panel against Mexico's measures on Genetically Modified Corn

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

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