WTO Remarks and Mentions

The new tariffs imposed by the United States and the countermeasures announced by other countries could burden world trade in the medium term, warned the World Trade Organization (WTO).World merchandise trade remained stable during the fourth quarter of 2024, and everything seemed to indicate that it would continue to grow during the first months of 2025, after the WTO Barometer on Trade in Goods reached a value of 102.8, virtually unchanged fro…

WTO Remarks and Mentions

WTO Remarks and Mentions myarbrough Wed, 03/12/2025 - 13:29 For remarks and mentions from the World Trade Organization's General Council meetings, see below. March 12, 2025: U.S. Opening Statement on WTO Trade Policy of Australia February 18-19, 2025: U.S. Statement at WTO General Council Meeting

Uncertainty about the imposition of a 25% tariff by the Trump administration on imports from Mexico, despite its recent postponements, has caused a significant impact on trade, particularly on the northern border, with a decline of up to 40% in a few days, said businesspeople in Ciudad Juárez on Tuesday. Marcelo Vázquez, state delegate of the National Association of Importers and Exporters of the Mexican Republic (Anier), pointed out that many c…

Given the commercial and industrial challenges that the current situation in North America presents, with the threat of tariffs on various Mexican products by the United States, the relocation of production lines in Mexico (nearshoring) remains a beacon for the arrival of foreign investment that is committed to that area, although specialists have identified challenges and opportunities to meet the demand derived from this phenomenon. In the nor…