Prior to the Harmonized System, before 1987, many countries and territories used the Customs Cooperation Council Nomenclature (CCC Nomenclature) as the basis for classifying their customs tariffs. However, some countries, particularly the United States and Canada, used different nomenclatures. In 1970, a Study Group was established within the
Canada supplies 21 types of processed critical minerals to the United States, according to data from the Aerospace Industries Association (AIA), based in Arlington, Virginia. Overall, the United States has several trade agreements with partners that are major suppliers of processed critical minerals. It relies on these minerals
China accounts for 99% of the global supply of refined gallium. This creates vulnerabilities in multiple strategic technology sectors, according to USA Rare Earth, Inc. Gallium is obtained as a byproduct of aluminum refining (bauxite processing). Globally, the world’s gallium production capacity exceeds 2,000 tons per year and
The U.S. vehicle fleet is growing and aging, creating business opportunities for automotive parts companies. A key statistic is that the average age of light-duty vehicles in the U.S. market reached a record 12.8 years in 2025. This statistic was released by the Automotive Care Association (ACA) in
The U.S. Chamber of Commerce (USCC) has called for better results from the ex officio customs piracy investigations conducted by Mexico’s National Customs Agency (ANAM). Between January and December 2025, foreign trade transactions in Mexico totaled 21,431,945, an annual decline of 2.3%. This volume was distributed as follows:
Trade between Mexico and the European Union (EU) reached a record high in 2025, according to data from the European Parliament. Furthermore, it has the potential to continue growing with the upcoming entry into force of the Interim Trade Agreement (ITA). In 2025, trade between the European Union