MEXICO

Earlier this year, Mexican authorities unveiled a methodology to create and modify trade identification numbers to classify imports and exports at the ten-digit level. The first batch of ten-digit tariff lines (known as NICOs) was released on 17 November and includes a broad range of goods. More

Latin American countries continue to take trade-related actions in an effort to respond as effectively as possible to the COVID-19 pandemic. More

On January 29 2020, US President Donald Trump signed the United States-Mexico-Canada Agreement (USMCA) into law, completing the ratification procedure within the US. Under the new free trade agreement, products will generally face more demanding compliance requirements for duty-free treatment. To cope with the more stringent origin rules and limit on the use of foreign components, Hong Kong businesses should ensure they are aware of the new deal’s key changes and impacts on their exports. More

Mexico has created three new tariff breakouts in an effort to enforce a ban on electronic cigarettes as well as mixtures and solutions used with those products. More