By far, China led the ranking of the world’s largest vehicle producers in 2022, followed by the United States and Japan. From 2021 to 2022, China increased its production from 26.1 to 27 million units. According to statistics from the China Association of Automobile Manufacturers, China’s automobile production
Although global vehicle production has recovered modestly in the last couple of years, it is still below 2018, the peak. According to data from the International Organization of Motor Vehicle Manufacturers (OICA), 85 million motor vehicles were produced across the globe in 2022, a year-on-year rise of 6
Peru made a number of tariff elimination commitments under CPTPP and some overlap with its regional trade agreements (RTAs), according to a WTO report. Peru has a common liberalization schedule for all CPTPP Parties, which provides for a 12-year transition period (Annex 2-D of the Treaty dedicated to
The United States still maintains more than 90 anti-dumping measures adopted more than 20 years ago, the Chinese government questioned in the most recent U.S. assessment of its trade policies at the World Trade Organization (WTO). Of these, the longest-standing anti-dumping measure dates back to 1978. Under the
Since 2017, the main change in Mexico‘s maritime transport sector has been institutional, according to an assessment by the World Trade Organization (WTO). In 2021, the Ministry of the Navy (Semar) replaced the Ministry of Infrastructure, Communications and Transport (SICT) and took over the administration and regulation of
The structure of Japan‘s applied MFN tariffs remains complex, according to a World Trade Organization (WTO) report. In a total of 272 tariff rates, there are 136 different ad valorem rates, 75 different specific rates, 29 different alternative rates, and 24 different compound rates, in addition to other