Total imports of clothing, footwear, and travel goods into the United States account for 97% of domestic consumption of these products in that country, according to estimates from the American Apparel & Footwear Association (AAFA). However, the United States still maintains high tariffs on these products—some of the
The United States has not requested a 50% U.S. content requirement for cars in the rules of origin of the United States-Mexico-Canada Agreement (USMCA), stated Marcelo Ebrard, Mexico’s Secretary of Economy. At a press conference in Mexico City on Wednesday, Ebrard said he had learned of two U.S.
The U.S. Chamber of Commerce (USCC) highlighted the importance of U.S.-Mexico-Canada Agreement (USMCA) compliance during the joint review of this trade agreement. For the Chamber, there is an immediate imperative: compliance with and effective implementation of the USMCA. The USCC is the world’s largest business federation. It defends
The Mexican government authorized the launch of customs broker operations in Mexico effective July 1, 2026. This announcement was made in a joint press release issued by the Ministries of Economy and Finance and Public Credit. Additionally, the National Customs Agency of Mexico (ANAM) participated in the announcement.
The tequila sector has experienced ups and downs in production and exports, but it maintains a global presence under the Designation of Origin. Given this dynamic landscape, the question arises: How many producers and employees are there in the tequila industry? The answer reflects the enormous socioeconomic impact
An analysis by the Tax Foundation, an independent tax research organization, noted that the benefits of the USMCA stand out in its six-year review. Not all of the new provisions benefited the U.S. economy. The U.S. International Trade Commission’s (USITC) own report estimated that rules of origin would