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    February 19, 2025

    Mexico | Temporary nature of textile tariffs must be enforced; emphasizing customs control

    Mexico imposes temporary tariffs of 15 to 35% on 155 tariff items in the textile and clothing industry, modifies the Immex Decree to limit access in these sectors. Finally, it establishes a global rate of 19% on products imported through digital platforms from countries without a trade agreement, including China.

    February 14, 2025

    Mexico | US imposes tariffs on steel, aluminum, and derivatives

    On February 10, President Trump signed an executive order imposing a 25% tax on all steel and aluminum imports regardless of their country of origin, which will take effect on March 12.

    February 7, 2025

    Mexico | FDI increased in the manufacturing sector in 3Q24

    As of the third quarter of 2024 (3Q24), the trade deficit is 11 billion dollars. In the same period, foreign direct investment (FDI) continues to flow to Mexico. Through 3Q24, the country has attracted 35.7 billion dollars, a slight increase of 1.5% compared to the same period of the previous year.

    February 7, 2025

    Mexico | For now, Mexico is successful at avoiding tariffs

    On Monday, February 3, the heads of state of Mexico and the US reached an agreement to put on hold for a month the imposition of tariffs that the White House pretended to apply to imports coming from Mexico.

    February 2, 2025

    Mexico | 25% tariffs on Mexico: unlikely to be long-lasting

    On February 1, the White House announced that it would impose tariffs of 25% on imports (not all imports, which leaves open the question of whether they will be selective) on Mexico and Canada and 10% on China (in addition to those already faced).

    January 31, 2025

    Europe| CBAM: Driving the Green Transition Within and Beyond the EU

    CBAM should strengthen the EU’s green transition while also promoting fair competition and global decarbonization. It will impact key trade partners, particularly those exporting high-carbon products, pushing them to adopt more sustainable practices.

    January 22, 2025

    Mexico | Trump 2.0 Mass Deportation: A Low Probability Event

    On the first day of the Trump 2.0 administration, at least 7 executive orders or proclamations were issued regarding immigration issues, highlighting the importance of this issue for his government.

    January 20, 2025

    Spain | Spain - U.S. trade relations in the face of possible tariff increases

    The direct impact on the Spanish economy of a possible increase in tariffs on U.S. imports is expected to be limited, given the relatively lower trade exposure with respect to the rest of the Eurozone countries. However, there are regions, sectors and companies that may be particularly affected.