Mexico‘s Ministry of Economy has reversed a tariff reduction program in the apparel industry, including products such as fibers, yarns and fabrics in that sector. In total, the measure includes 91 tariff items, which would lower their import duties to 20% as of October 1, 2024, according to
The Mexican government increased import tariffs, on a temporary basis, to 392 tariff items, up to a range of between 5 and 25 percent. The measure went into effect this Wednesday and was published in the Official Journal of the Federation (DOF) on August 15, 2023. It does
The U.S. market imported non-cold water shrimp and prawns at a customs value of $5.989 billion in 2022, down 6% year-on-year. Beyond that, U.S. imports of coldwater shrimp and prawns were $27 million, up 46% over 2021, according to Commerce Department data. Shrimp is a well-known and widely
The United States enacted the CHIPS and Science Act of 2022 (CSA), which provides huge grants to semiconductor research and manufacturing in the country. The CSA allocates $52.7 billion to the «CHIPS for America Fund.» This includes $39 billion in manufacturing incentives, $11 billion in R&D and workforce
The Chilean beer industry had an estimated size of 1,036 million liters in 2022, which is a year-on-year variation with no change, according to Compañía Cervecerías Unidas. While the main packaging presentations are non-returnable aluminum cans, returnable and non-returnable glass bottles, the predominant distribution channels are the off-premise
CreditRiskMonitor operates a supply chain information platform called SupplyChainMonitor that provides nearshore and frendshore related services. The platform leverages its expertise in financial risk analytics to create a risk management solution designed specifically for procurement, supply chain, sourcing and finance personnel involved in supplier lifecycle, risk assessment and