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Mexico

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On August 15, 2023, the President of Mexico, Andres Manuel Lopez Obrador, published a Decree amending the Tariff Schedule of the General Import and Export Duties Law. The decree focuses on the implementation of temporary import duties ranging between 5% and 25% on goods classified in 392 tariff items covering steel, aluminum, bamboo, rubber, chemical products, oils, soap, paper, cardboard, ceramic products, glass, electrical material, musical instruments and furniture. These temporary duties are applicable as…

In recent years, we have seen a significant increase in Custom Audits by both Federal and State Tax Authorities, mainly to companies with foreign investment. We have seen Maquiladoras/IMMEX that were audited and received tax assessments in high amounts, including one for USD 70 million and one for USD 172 million dollars. What is the reason for these outstanding amounts and how can Maquiladora/IMMEX companies prevent these tax contingencies derived from these foreign trade audits?…

Join us for a webinar on Forced labor developments in Mexico, Canada and the United States on Thursday, March 23, 2023 from 10:00 am – 11:00 am Central Time. In this webinar, our panelists will discuss Mexico’s implementation of the new Forced Labor Regulation, Canada’s implementation of supply chain transparency legislation, US forced labor enforcement trends, customs forced labor best practices and supply chain due diligence recommendations. Click here to register.

The US Trade Representative (“USTR”) announced that it is seeking comments concerning the operation of the United States-Mexico-Canada Agreement (“USMCA”) with respect to automotive goods, including the implementation and enforcement of the USMCA rules of origin for automotive goods. Producers of automotive goods, labor organizations, and other interested parties should consider submitting comments to USTR, which are due March 28, 2022. Background The USMCA Implementation Act requires the USTR, in consultation with the Interagency Committee…

On June 23, 2021, Office of the Secretary of the Department of Homeland Security (DHS) and US Customs and Border Protection (CBP) published in the Federal Register a notification of continuation of temporary travel restrictions at land ports of entry and ferries between the United States and Mexico from June 22, 2021 to July 21, 2021, unless amended or rescinded prior to that time. For purposes of the temporary alteration in certain designated ports of…

On June 11, 2021, the Office of the United States Trade Representative (USTR) published in the Federal Register a notice announcing that the Parties to the United States-Mexico-Canada Agreement (USMCA) intend to hold the first meeting of the Labor Council virtually, on June 29, 2021. The session will include a government-to-government Labor Council meeting and a virtual public session on implementation of the USMCA labor chapter. The USTR and the US Department of Labor (DOL)…

On 2 June 2021, the UK government announced that the CPTPP nations had agreed to the UK’s bid to begin the accession process to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The CPTPP is a trade agreement between 11 countries (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam), covering 500 million people. The announcement said the UK will continue to work closely with Japan, as this year’s…

On 4 May 2021, the European Commission announced that as part of its enforcement of international trade rules, the Commission services have concluded two examinations under the EU’s Trade Barriers Regulation (TBR): one concerning Saudi Arabia´s measures restricting market access to EU ceramic tiles, and one concerning Mexico’s measure affecting Tequila exports to the EU. The Trade Barriers Regulation is part of the Commission enforcement efforts in the area of international trade rules. The Trade…

On May 18, 2021, the Office of the United States Trade Representative (USTR) published in the Federal Register a notice that the Parties to the United States-Mexico-Canada Agreement (USMCA) intend to hold the first meeting of the Environment Committee (Committee) virtually, on June 17, 2021. Following the government-to-government meeting, the Committee will hold a virtual public session. The Office of the USTR will accept comments on suggestions for topics to be discussed during the Committee…

On May 12, 2021, US Customs and Border Protection (CBP) announced that it will replace aging rail scanning systems at twelve rail ports of entry on the US southern and northern land borders with high energy rail scanners as part of a $46 million initiative to enhance the security and efficiency of rail cargo inspections at locations throughout the United States. The new scanners use linear accelerators to generate X-rays from electricity rather than radioactive…