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Overview of Foreign Trade 2025

Topics of Interest in Foreign Trade for 2025 - Just one month into the year, foreign trade has dominated international headlines, particularly in Mexico. This is largely due to statements and actions by United States...more

Policy Watch: Status of US 25% Tariffs on Mexican Imports

On February 1, 2025, President Trump imposed tariffs on imports from Canada, Mexico, and China, to take effect on February 4, 2025. The tariffs are an additional 25% ad valorem rate of duty to all imports from Canada and...more

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

New tariff classifications will require Automatic Import Notices for steel products

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

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