Increase in Exports to the US that Do Not Comply with USMCA Rules

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By Pau Messeguer Gally Almost five years after the USMCA came into effect, Mexico is experiencing a paradox. Although sectors such as the automotive and agri-food industries have taken advantage of the agreement, many Mexican exports to the United States still do not use it, despite the fact that it offers tariff-free access to the world's largest market. Why is this? One reason is that many Mexican companies have preferred to export under the M…

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The imposition of tariffs has been insufficient for companies seeking tariff exemption through the United States-Mexico-Canada Agreement (USMCA). Between January and March, merchandise labeled "Made in Mexico" entering the United States reached a value of $129 billion, of which 52.4% entered without complying with the USMCA. This figure represents an increase compared to the same period last year, when 47.5% of items entered without the protecti…