Seize the opportunity of global supply chain restructuring—we provide professional "nearshoring" trade solutions in Mexico. Whether it's importing equipment/raw materials for setting up factories in Mexico or exporting finished products to the U.S., we handle foreign exchange settlements (USD/MXN) and full trade documentation in our own name, helping you seamlessly integrate into the North American manufacturing supply chain.
U.S. President Joe Biden has increased the import tariff quota for solar cells to 12.5GW to promote clean energy development, while Mexico has imposed provisional anti-dumping duties on PET resin and steel screws originating from China to protect its domestic industries.
The President of Mexico signed a decree to impose temporary tariffs of 5% to 50% on 544 imported goods, affecting industries such as steel, aluminum, and textiles to protect domestic industries. Foreign trade enterprises need to adjust their strategies.
The Ministry of Economy of Mexico has launched an anti - dumping self - initiated investigation on footwear products originating from China, covering boots, sandals, etc., aiming to protect the local footwear manufacturing industry from the damage of low - priced imports.
Mexico has imposed a 31% anti - dumping duty on Chinese - made concrete steel nails to protect its domestic industry from low - price dumping. This measure came into effect on March 16, 2024.
The Mexican Ministry of Economy has launched an anti - dumping investigation into PET resin originating from China, involving products with intrinsic viscosity. The investigation period covers data from 2019 to 2023.
Amid the economic changes in 2023, Mexicos rise has significantly impacted global trade dynamics, particularly in the trade relationships among China, the U.S., and Mexico. This article delves into the reasons behind Mexico surpassing China as the U.S.s largest import source and the underlying economic trends.
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