Tariffs To Be Imposed On All Mexican Goods In Attempt To Stem The Tide Of Undocumented Persons Crossing The Border Into The United States

On the evening of May 30, President Trump announced in a tweet that “. . . the United States will impose a 5% Tariff on all goods coming into our County from Mexico, Until such time as illegal migrants coming through Mexico, and into our Country, STOP.  The Tariff will gradually increase until the immigration problem […]

And Then There Were Three: The U.S., Mexico and Canada Agree to Sign the New USMCA

Canada just joined the United States and Mexico in agreeing to sign on to a modernized NAFTA, which will become known as the US-Mexico-Canada Agreement (“USMCA”). The U.S. and Mexico entered their agreement a little over a month ago, and there was a concerted push to conclude the agreement (with or without Canada) before Mexican […]

NAFTA Is Dead – Long Live the “U.S. – Mexico Trade Agreement” in Principle?

Today, the Office of the U.S. Trade Representative (USTR) announced that the United States and Mexico reached a “preliminary agreement in principle,” subject to finalization and implementation, to update the North America Free Trade Agreement (NAFTA). The USTR stated that the preliminary accord contains “modern provisions representing a 21st century, high-standard agreement.” The agreement, which will […]

Chicken or Chess? The Games Continue: Increased U.S. Tariffs and Retaliation by Key Trading Partners

In March of this year, the U.S. imposed increased tariffs on certain steel and aluminum products imported into the United States from all countries for national security reasons in response to an investigation conducted by the Commerce Department’s Bureau of Industry and Security (“BIS”) under Section 232 of the Trade Expansion Act of 1962. Later […]