On April 2, 2025, President Trump issued the long-anticipated “reciprocal tariff” order, imposing tariffs on most US trade partners. The tariff includes two components: (i) a 10% “baseline” rate on most trade partners,...more
4/7/2025
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On March 26, 2025, President Trump signed a presidential proclamation imposing an additional 25% tariff on all imports of passenger vehicles, light trucks, and certain automotive parts. The tariffs on finished vehicles will...more
On March 3, 2025, the Trump administration made clear its intention to move forward with implementing tariffs on Canada and Mexico on March 4. The tariffs are an additional 25% on all imports from Canada and Mexico (except...more
On February 1, 2025, President Trump issued three executive orders directing the United States to impose new tariffs on imports from Canada, Mexico, and China, to take effect on February 4, 2025. The tariffs are an...more
2/3/2025
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An average tariff of 25% will be imposed on steel, textile, footwear, chemicals, and other products until July 31, 2025, for countries with whom Mexico does not have a preferential or free trade agreement....more
On August 23, 2022, President of Mexico Andres Manuel Lopez Obrador issued a Decree (published in the Diario Oficial de la Federación on August 24, 2022) setting up a new state-owned company called LitioMx (Litio para...more