El 23 de octubre de 2026, la Presidenta de México publicó un decreto por el que se reforman diversas disposiciones de la Ley Aduanera. Las reformas, que entrarán en vigor el 1 de enero de 2027, amplían significativamente los supuestos en los que las autoridades aduaneras podrán embargar precautoriamente mercancías importadas con motivo del valor declarado. En particular, las autoridades aduaneras podrán embargar mercancías cuando el valor declarado en el pedimento de importación sea inferior…
On May 12, 2025, the United States and China announced their agreement to reduce the high tariff rates imposed on each other’s goods since early April while they enter into consultations to resolve their respective trade concerns. The agreement remains a temporary measure rather than a comprehensive resolution. US Tariff Modifications The United States will, for an initial period of 90 days, reduce the “reciprocal” tariff rate on Chinese goods from 125% to the baseline…
Baker McKenzie’s Canadian international trade and customs team is publishing a series of articles reviewing 2024 trade and customs compliance developments and looking ahead to 2025’s burgeoning issues. This article focuses on Canada’s trade remedies regime. Before we dive into the trade remedies outlook, here is an overview of the current state of politics in Canada, which includes a discussion of the legislative powers that remain while Canadian Parliament is prorogued until March 24, 2025.…