Mexico, Canada reach deals to avert U.S. tariffs for at least a …
3 days ago · U.S.-Mexico trade in goods tops $800 billion annually, and the United States accounts for nearly 83% of Mexico’s exports. Experts said tariffs would devastate Mexico’s already shaky economy ...
Mexico Tax and Tariff Increase 2024 - International Trade …
On April 22, 2024, the Mexican Government published a modification to the Tariff of the Law of General Import and Export Taxes. The Mexican government has established temporary import tariffs ranging from 5% to 50% for 544 HS codes.
Tariffs on hold after Mexico, US work out deal on border security
3 days ago · Mexico and the United States have reached a one-month agreement to stave off tariffs and a looming trade war, the threat of which sent global markets tumbling early Monday. The 25% tariffs on ...
Mexico suggests it would impose its own tariffs to retaliate …
Nov 27, 2024 · President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after Donald Trump threatened to impose 25% tariffs on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border.
What Mexico’s New Tariffs and Trade Restrictions Could Mean …
Jan 6, 2025 · Recent news of Mexico’s decision to levy tariffs on textile and apparel products—and institute new restrictions on its Manufacturing, Maquiladora and Export Services Industry (IMMEX)...
Mexico - Import Tariffs - International Trade Administration
Nov 5, 2023 · There are no tariffs for products made in the United States that meet rules of origin requirements under the United States-Mexico-Canada Agreement (USMCA). However, there are several exceptions and caveats noted below that may affect overall pricing of U.S. exports.
Recent changes in Mexican tariff regime affect US companies with …
On April 22, 2024, the Mexican Ministry of Economy established import tariffs ranging from 5% to 50% on specified products, which went into effect on April 23, 2024.
Mexico’s New Tariff Era: What Shippers Need to Know in 2025
Jan 9, 2025 · In recent weeks, Mexico has implemented significant tariff and duty adjustments, catching many businesses off guard and triggering a wave of supply chain recalibration. The new measures include a 35% tariff on imported textiles and …
Mexico Tariff Increases - International Trade Administration
Dec 19, 2024 · Mexico Tariff Increases On December 18, 2024, Mexican authorities published key changes to the Tariff of the Law of General Import and Export Taxes and the IMMEX (Manufacturing, Maquiladora, and Export Services Industry) Program.
Mexico’s new tariff announcements to put pressure ‘border …
Jan 7, 2025 · Companies looking to import goods to North America through Mexico are facing rising costs after the Latin American country announced plans to hike tariffs on apparel imports.