América Móvil leads the ranking of the main competitors in fixed telephony service in Mexico, although with a continuously decreasing market share. This share fell from 70.11% in 2013 to 35.76% in 2023, according to data from the Federal Telecommunications Institute (IFT). IFT’s estimate of these statistics is
Automotive trade between Canada and the United States recorded a year-on-year drop of 7.5% from January to November 2024, according to Census Bureau data. This brought these trade flows down to $112.193 billion. Bilateral imports of automotive products do not pay tariffs under the Mexico-U.S.-Canada Agreement (USMCA). Automotive
The Ministry of Finance and Public Credit (SHCP) published new regulations on customs brokers. As part of the “General Foreign Trade Rules for 2025 and its Annex 13”, the SHCP eliminated the possibility for customs brokers to appoint the agents that were in effect at the time of
Mexico imposed tariffs on products imported by parcel and courier services starting January 1, 2025. These tariffs will be different depending on whether the country of origin does not operate free trade agreements with Mexico, or if it is part of the Agreement between Mexico, the United States
The Ministry of Industry and Information Technology (MIIT) formulates industrial policies in China. This Ministry is responsible for the formulation of policies relating to the manufacturing sector and determines China’s industrial planning and policies and supervises the sector. Industrial policies in China The Chinese government maintains significant control
The average MFN tariffs applied by China on manufactures was 6.8% in 2023, according to data from the World Trade Organization (WTO). China has shown a downward trend in this indicator, as it was 7% in 2021 and 9.5% in 2017. Due to China’s extensive network of preferential