Mexico will establish commercial identification numbers in which the goods are classified according to the tariff fractions and the methodology for the creation and modification of said numbers, which will be determined by the Ministry of Economy (SE), with the prior opinion of the Ministry of Finance and
The customs broker and the importer will be suspended to operate in the electronic customs system for the clearance of goods, for up to one calendar month, when the customs authorities, in exercise of their powers, detect that the number of the commercial identification that corresponds to the
Regarding the rules of origin of the Treaty between Mexico, the United States and Canada (T-MEC), the Customs and Border Protection Office (CBP, for its acronym in English) clarified how a good qualifies as originating in the American region of North. The rules of origin refer to the
The United States appointed six panelists on Wednesday for the Rapid Response Labor Mechanism, a key tool for the application of the labor protections of the Treaty between Mexico, United States and Canada (USMCA). The panelists are: Janice Bellace, Lance Compa, Peter Hurtgen, Ira Jaffe, Kevin Kolben, and
The Customs and Border Protection Office (CBP) detailed the origin certification requirements of the Treaty between Mexico, United States and Canada (USMCA). The importer may submit a request for preferential tariff treatment based on a certification of origin completed by the importer, exporter or producer, in order to
The peso closed the session with an appreciation of 1.29% or 29.6 cents, trading around 22.69 pesos per dollar, before a general weakening of the dollar, whose weighted index showed a decline of 0.26 percent. In the exchange market, the most appreciated currencies were those of emerging economies,