Mexico plans to increase 15% domestic content in the automotive industry by 2030, highlighted President Claudia Sheinbaum In an event held at the Museum of Anthropology, Sheinbaum also set the goal of increasing 10% automotive production in the country for domestic consumption. Both measures were announced as part
President Claudia Sheinbaum announced Thursday that Mexico will operate a national digital one-stop investment window. In a message she gave at the Museum of Anthropology in Mexico City, Sheinbaum informed that the investment portfolio in the country totals 298,061 million dollars. “None of them have been canceled; on
Donald Trump’s reciprocal tariffs will apply to all countries at a minimum rate of 10%, with the exception of Mexico and Canada. Trump based this measure on the International Emergency Economic Powers Act (IEEPA). Among the reciprocal tariffs on U.S. trading partners, the following stand out: China: 34
The FTA between China, Japan and South Korea has been under negotiation for 13 years, with the prospect of accelerating its conclusion. These three nations are among the world’s top 10 exporters and importers of goods, account for one-fifth of the world’s population and together represent 23.4% of
Mexico’s National Customs Agency (ANAM) has cancelled 41 patents of customs agents allegedly involved in the illegal importation of goods. In a joint press release issued by ANAM, the Ministry of Economy and the Financial Intelligence Unit (UIF), this information was released as part of the results of
The U.S. government criticized the way in which Mexico‘s customs requirements are being changed. Their argument: Mexico continues to give short notice of changes in procedures. In addition, it inconsistently interprets regulatory requirements at different border posts and unevenly applies standards and labeling rules at the border. Customs