Tariffs. Customs. Trade Remedies

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Mexico

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On September 21, 2017 the Ministry of Economy published in the Diario Oficial de la Federación (Federal Official Gazette) an Administrative Regulation (Acuerdo) that modifies the one that prohibits the exportation or importation of diverse goods to the indicated countries, entities and persons.

On September 26, 2017, the Office of the United States Trade Representative (USTR) published in the Federal Register a notice [Docket No. USTR-2017-0013] that the Office of the USTR, through the Trade Policy Staff Committee (TPSC), is initiating an environmental review relating to the renegotiation of the North American Free Trade Agreement (NAFTA),

On July 20, 2017, the Tax Administration Service (“SAT”) issued a press release by virtue of which it restated that, in accordance with article Twentieth First of the Foreign Trade General Rules for 2017 (“FTGR”), from January 1, 2018 on, the use of the FAST access lane by companies authorized under the Certified Companies Framework and the “Authorized Economic Operator” modality, will be limited to freight companies that are authorized under such Framework and have been granted the “Certified Commercial Partner” authorization, and the “Carrier” category.

The following statement was released on August 20, 2017 by the NAFTA Parties:

On August 16, 2017, United States Trade Representative Robert Lighthizer, Canadian Foreign Affairs Minister Chrystia Freeland and Mexican Secretary of the Economy Ildefonso Guajardo launched the renegotiation and modernization of the North American Free Trade Agreement (NAFTA) in Washington, DC. This began five full days of meetings by a team of subject matter experts covering more than two dozen different negotiation topics.  Detailed conceptual presentations were made by the United States, Mexico and Canada across the scope of the agreement, and negotiating groups began work to advance text and agreed to provide additional text, comments or alternate proposals during the next two weeks.