The most commonly used tariffs in the World Trade Organization (WTO) are: ad valorem, applied, «pure nuisance», specific and Most Favored Nation (MFN). Most commonly used tariffs The following are their definitions: Ad valorem Calculated as a percentage of the price. Applied Duties that are effectively applied to
The U.S. government requested fewer restrictions on cheese imports to Mexico related to an Official Mexican Standard (NOM). Emphatically the United States made this request in the framework of the World Trade Organization (WTO), highlighting Mexico’s inaction. The case relates to the Procedure for conformity assessment of NOM-223-SCFI/Sagarpa
The governments of Mexico, Panama and Colombia levy taxes on sugar-containing beverages in order to reduce consumption among the population. These governments focus their taxes as one of the ways to reduce obesity, overweight and related diseases, such as diabetes. Mexico imposes an excise tax on the production,
BBB Foods, founded by K. Anthony Hatoum, opened a new 3B store every 22 hours in 2023, reflecting its rapid expansion. What does its business model look like? The name 3B refers to “Bueno, Bonito y Barato” (Good, Nice and Cheap) and each store offers a limited assortment
Hong Kong, China, Mexico, the United Kingdom and Germany were, in descending order, the five largest exporters of silver in the world in 2023, according to data from the World Trade Organization (WTO) and the Bank of Mexico (Banxico). Foreign sales of this metal from Hong Kong and
H2 Gambling Capital (H2) predicts global gross revenue from online sports betting games to grow from €69.8 billion in 2024 to €105.2 billion in 2027. H2 Consulting focuses on providing services on the global gaming and betting industry. Its projections also include that the global online casino gaming