U.S. imports claimed under the Generalized System of Preferences (GSP) program were $18.7 billion in 2023, a year-over-year drop of 13 percent. The GSP, which extends preferential tariff treatment to certain products from beneficiary developing countries, expired on December 31, 2020. The scenarios? GSP reauthorization requires an act
Braskem, the largest petrochemical company in Latin America, highlighted the growing global demand for Polyethylene (PE), Polypropylene (PP) and Polyvinyl Chloride (PVC). Global demand for PE, PP and PVC in 2023 was estimated at 117 million metric tons, 85 million metric tons and 46 million metric tons, respectively,
Ternium announced in February 2022 the construction of new downstream facilities in Pesqueria, Nuevo Leon state, Mexico. The projects include a push-pull pickling line with an annual capacity of 550,000 tons and new finishing lines, which are currently expected to come on line in mid-2024. Also among the
A Casa Branca citou a Goodyear, a Mas Air e o Grupo México como exemplos de histórias de sucesso laboral no âmbito do Mecanismo de Resposta Rápida (MRR) do T-MEC. Para começar, em maio de 2023, os EUA solicitaram ao México que analisasse se as instalações da Goodyear
The White House cited Goodyear, Mas Air and Grupo Mexico as examples of labor success stories under the USMCA’s Rapid Response Mechanism (RRM). To begin with, in May 2023, the United States asked Mexico to review whether the Goodyear SLP facility in San Luis Potosi was denying workers
Canada intends to join the Indo-Pacific Prosperity Economic Framework (IPEF) and the Digital Economic Partnership Agreement (DEPA) to diversify its exports, among other objectives. Overall, Canada is committed to expanding and diversifying trade with large markets and fast-growing regional groupings. What is IPEF? A potential strategic initiative to