The United States initiated the Rapid Response Mechanism (RRM) 13 times in 2023, requesting review by the government of Mexico for alleged denials of duties at various facilities. In addition, the United States and Mexico decided on four remedial courses during the period under review and the United
The United States, Hong Kong, Japan and Vietnam were, in descending order, the top destinations for Chinese exports of goods in 2023. How much were the amounts of each of those shipments, according to data from the General Administration of Customs of China? Chinese exports to the U.S.
The World Trade Organization (WTO) failed to successfully conclude a second phase of negotiations to reach an agreement on fisheries among its 164 members. What does the draft fisheries agreement not adopted at the Thirteenth Ministerial Conference (MC13) in Abu Dhabi, United Arab Emirates, say? Part of that
Mexico‘s annual international trade tax program is focused on increasing revenue collection through automation and the development of data models to improve and make processes more efficient. In 2023, the collection of international trade tax collection increased by 21,867 million pesos (27% in real terms), compared to the
What has been the impact of the reforms related to labor outsourcing in Mexico, according to the Mexican government? First and foremost, the Decree modifying various provisions regarding labor subcontracting in Mexico entered into force on April 24, 2021. With this, companies started with the employer substitution, which
The global price of corn and wheat, measured in U.S. dollars per metric ton, recorded a decline of about 30% in 2023 over 2022. According to data from the International Monetary Fund (IMF), the global corn price was US$207.4 per ton in December 2023, a year-on-year drop of