As an additional measure to those taken last year, the Federal Government again modified the Law of General Import and Export Taxes (Ley de los Impuestos Generales de Importación y Exportación) in order to provide fair...more
On May 20, 2022 the Secretary of Economy of Mexico, Tatiana Clouthier, and the Secretary of State for the Department for International Trade of the United Kingdom, Anne-Marie Trevelyan formally initiated negotiations towards...more
The Mexican government, through the Ministry of Economy, is the holder of the “Hecho en México” (Made in Mexico) trademark, which is an official distinctive sign that may be used to identify products that are made in Mexico,...more
As previously reported on December 15, 2020, the Mexican Secretary of Economy and the Secretary of State for International Trade of the United Kingdom issued a joint statement to communicate the signing of the UK-Mexico Trade...more
The updated USMCA was signed on December 10, 2019.
These are not business-as-usual times in the trading world. As we know, there is the ongoing trade war with China, Brazil and Argentina are back in the steel and aluminum...more
12/17/2019
/ Aluminum Sales ,
Automotive Industry ,
Canada ,
Corporate Counsel ,
Cross-Border Transactions ,
Dispute Resolution ,
Environmental Policies ,
Free Trade Agreements ,
Imports ,
Intellectual Property Protection ,
Investor State Dispute Settlement (ISDS) ,
Labor Regulations ,
Mexico ,
NAFTA ,
Steel Industry ,
United States-Mexico-Canada Agreement (USMCA)
In recent posts, we have informed what does IMMEX stands for, and how a company may benefit from said trade facilitation program established by the Mexican government. As we have explained, IMMEX covers final products...more
Under an IMMEX Program, a company may temporarily import materials and assets into Mexico to be used in the production of final products to be exported, or in rendering export-related services with certain benefits....more
Opportunities and challenges to think through before pursuing the Manufacturing, Maquiladora and Export Services Industry program (IMMEX)....more
Due to what was firstly characterized as an illegal immigration crisis, and then as a measure to force companies to leave Mexico and return to the U.S., the Trump administration announced that starting June 10, 2019, it plans...more
6/5/2019
/ Automotive Industry ,
Canada ,
Cross-Border Transactions ,
Free Trade Agreements ,
Immigration Reform ,
Mexico ,
NAFTA ,
Supply Chain ,
Tariffs ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
Since the enactment of the North American Free Trade Agreement (NAFTA), Mexican customs authorities have had the ability to conduct verifications to confirm the NAFTA origin of goods imported into Mexico (NAFTA origin...more
Welcome to Foley’s new Automotive MarketTrends newsletter. In each edition, we will focus on a different aspect of the automotive sector and highlight key trends in the industry. The global automotive industry is experiencing...more