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Mexico: Tariffs on U.S. goods, response to steel, aluminum tariffs

Mexico: Tariffs on U.S. goods

Mexico’s government issued a decree in response to the tariffs imposed by the United States on Mexican steel and aluminum.

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The decree (Spanish) [PDF 270 KB] includes a list of products from the United States that will have the NAFTA preferential treatment suspended when imported into Mexico.  The tariff rates, thus, will range from 7% to 25% and will be imposed on 71 products having a U.S. origin and classified in chapters 02, 04, 08, 16, 20, 21, 22, 72, 73, 76, 84, 89, and 94. The tariff classifications include pork, cheese, apples, ham, cranberries, Tennessee or bourbon whisky, and certain diverse steel products, among others.

The Mexican government also announced an increase in the general import duty rate of approximately 186 steel products on their importation into Mexico.

 

Read a June 2018 report (Spanish) prepared by the KPMG member firm in Mexico

 

For more information, contact a KPMG trade and customs professional in Mexico:

César Buenrostro | +52 (81) 81 22 18 41 | cbuenrostro@kpmg.com.mx

 

Or contact a KPMG trade and customs professional in the United States:

Douglas Zuvich | +1 (312) 665-1022 | dzuvich@kpmg.com

Andrew Siciliano | +1 (631) 425-6057 | asiciliano@kpmg.com

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