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In response to the imposition of U.S. tariffs, Mexico implemented retaliatory tariffs on around US$3 billion (MXN $58.6 billion) worth of U.S. goods. These Mexican tariffs, which went into effect on June 5, 2018, were imposed on U.S. steel, pork, cheese, whiskey, and apples, among other goods before being lifted on May 20, 2019. [10] [184] [71]
The United States–Mexico–Canada Agreement is based substantially on the North American Free Trade Agreement (NAFTA), which came into effect on January 1, 1994. The present agreement was the result of more than a year of negotiations including possible tariffs by the United States against Canada in addition to the possibility of separate bilateral deals instead.
Prosec is a tariff-reduction measure that avoids running into problems with NAFTA article 3 by allowing either foreign or domestic producers, irrespective of whether the finished good is intended for exportation or domestic sale, to petition the government for a reduction or elimination of a tariff rate.
A 2015 study found that Mexico's welfare increased by 1.31% as a result of the NAFTA tariff reductions and that Mexico's intra-bloc trade increased by 118%. [64] Inequality and poverty fell in the most globalization-affected regions of Mexico. [79] 2013 and 2015 studies showed that Mexican small farmers benefited more from NAFTA than large ...
Pages in category "Free trade agreements of Mexico" The following 8 pages are in this category, out of 8 total. This list may not reflect recent changes. C.
G. General Agreement on Tariffs and Trade; General Agreement on Trade in Services; Geneva Convention (1864) Geneva Convention (1906) Geneva Convention on Prisoners of War
Harmonized Tariff Schedule as the principal US page with updated info about Tariffs. Integral System of Trade Information (SIICEX) by the Confederation of Associations of Custom Brokers of the Mexican Republic . It provides updated information about tariffs and explanatory notes in order to import and export goods from/to Mexico.
Free Trade Agreement between Mexico and the European Union (FTA EU-MX), is a trade agreement between the European Union and Mexico. It was signed on December 8, 1997, in the city of Brussels, under the designation "Agreement of Economic Partnership, Political Coordination and Cooperation between the United Mexican States and the European Community [1] and its members".