Tag: USMCA trade agreement

United States and Mexico Come to Terms in a Deal to Avoid Tariffs

The United States and Mexico announced that they had reached an immigration policy deal that would in-essence, ward off the imposition of a series of escalated U.S. import tariffs. While multi-industry supply chains can breathe a sigh of relief, the U.S. tariff action inserts yet more uncertainty to geopolitical tensions and a smooth ratification of the recently negotiated United States, Mexico and Canada Trade Agreement (USMCA).

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Trump Administration’s Sudden Actions to Initiate Retaliatory Tariffs on Mexico Imports is Unprecedented and Concerning

President Trump indicated last night, without adequate formal warning, that he intends to impose a 5 percent tariff on all imported goods from Mexico beginning on June 10. Make no mistake, from our Supply Chain Matters lens, this latest development, without some form of rationalization has serious implications for global trade and for global based supply and customer demand networks.

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Breaking News- United States to Reportedly Announce Lifting of Steel and Aluminum Tariffs Involving Canada and Mexico

Business network CNBC, citing two informed sources, is reporting that the United States has reached a deal to lift existing steel and aluminum tariffs involving Canada and Mexico imports. This development is tied to removing a key obstacle in achieving ratification of the recently negotiated United States Canada Mexico Trade Agreement (USMCA).

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From NAFTA to USMCA- A Step Back from the Precipice and the Realities of NAFTA 2.0

North America supply chain networks have been granted one huge sign of relief in the announcement of a last-minute trilateral trade deal involving Canada, the United States and Mexico. Attention is now turned to determining the implications and needed changes.

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