United States – Mexico Bilateral Meeting | The Trading Room
Mexico – United States bilateral meeting The President of Mexico, Andrés Manuel López Obrador (AMLO) received on Tuesday, June 8, the Vice President of the United States of America, Kamala Harris, at the National Palace to discuss immigration, economic growth, investment and welfare issues. Memorandum of Understanding for International Cooperation Also during the visit, the […]
Mexico – United Kingdom Trade Relationship | The Trading Room
Comprehensive and Progressive Agreement for a Trans-Pacific Partnership On February 1, 2021, the government of the United Kingdom (UK) formally requested in a letter to New Zealand, the treaty’s depositary, its accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Yesterday, Wednesday, June 2, 2021, during the fourth ministerial meeting of the CPTPP […]
The Auto-Industry in USMCA’s Facility-Specific Rapid Response Mechanism | The Trading Room
The Rapid Response Mechanism This week, two events related to the USMCA’s Facility-Specific Rapid Response Mechanism (RRM) were raised against the following companies in the auto industry: Tridonex – A Rapid Response Petition Per reports, on Monday the AFL-CIO filed, in conjunction with the Sindicato Internacional de Empleados de Servicios (SEIU), SNITIS, and Public Citizen, […]
Fresh Potato Imports in Mexico and Supreme Court | The Trading Room
This week in our Mexican economic newsletter, VTZ reports the fresh potato imports and the Mexican Supreme Court ruling, Mexico’s WTO proposal on the Appellate Body, and a new initiative on Cinematography and Audiovisual Services, the Outsourcing Reform, Mexican international trade statistics, and the Mexico-UK Continuity Agreement. Fresh Potato Imports and their Phytosanitary Restrictions Upheld […]
International Trade Barriers in Mexico | The Trading Room
This week in our economic newsletter, we highlight the report of the USTR that identifies international trade barriers in Mexico, among other matters. International Trade Barriers in Mexico On March 31, the USTR published its annual report “Barriers to Foreign Trade 2021“, which lists different trade concerns either identified by USTR and expressed by the […]
Virtual Trade Summit USTR-Mexico | Mexican Economic Newsletter
Trade Summit USTR-Mexico 2021 On March 23, Tatiana Clouthier, head of the Ministry of Economy, met virtually with U.S. Trade Representative (USTR), Katherine Tai, to discuss the importance of the bilateral trade relationship and the full implementation of the USMCA. Both sides committed to future engagement on shared priorities such as economic recovery in the context […]
Mexican Economic Newsletter – The Trading Room
The Trading Room is a Mexican Economic Newsletter prepared by Vázquez Tercero & Zepeda (VTZ) that specializes in international trade, customs, and tax law. Katherine Tai Before the Senate Finance Committee Yesterday, Ms. Katherine Tai appeared before the Senate Finance Committee for her confirmation as the US Trade Representative. On Wednesday, Ms. Tai’s opening statements […]
Mexican Berries Safeguards & New WTO DG – THE TRADING ROOM
Mexican Berries are saved from Safeguards On Thursday of last week, the United States International Trade Commission (USITC) determined not to impose safeguard measures on berries, specifically blueberries. The investigation of “global” safeguard measures began on October 9, 2020, at the request of the U.S. Trade Representative during the Trump administration. The safeguard measures could […]
COVID-19 and Economic Reactivation Plan in Mexico and more – THE TRADING ROOM
China, Korea, and the Comprehensive and Progressive Transpacific Partnership In recent weeks, China and Korea have expressed their intention to join the Comprehensive and Progressive Treaty of Trans-Pacific Partnership (“CPTPP”). Korea On the one hand, the Korean government announced that it pledged to work this year to join CPTPP during a ministerial meeting on international […]
December and January Developments on International Trade – The Trading Room
Developments Mid-December 2020 Trade-related decisions and regulations were published in December 2021. The most relevant in our opinion are the following: Mexico and CPTPP: Ministry of Economy made some changes to the procedure regarding the public tenders to access the import quotas per Mexico’s Tariff Rate Quotas established in Appendix A-1, which deals with dairy […]
