Plans to Become International Air Cargo Hub are Back on Track Developers say the project will help establish St. Louis as an international air logistics hub as originally established and first approved in 2015. Work on the project’s $56 million first phase is expected to begin by March 2019 and will cover 1.1 million square feet of […]
Mexico’s Tax Breaks Begin Now This is big news for Mexican importers, and U.S. shippers that have clients in Mexico. On December 29, 2018 Mexico’s President Andres Manuel Lopez Obrador (AMLO) ordered by decree to cut taxes for the Northern Region of Mexico. This decree lowers tax rates for both value-added taxes (IVA 16%) and income […]
Will NAFTA be canceled before the new USMCA is implemented? President Trump left the G20 Summit in Buenos Aires with some big stuff. A new China trade truce, the signing of USMCA, and a comment to cancel the old NAFTA ahead of the new pact. A New China Truce One of the biggest moves in […]
An Underwhelming Event The G-20 Leaders Summit occurs tomorrow, November 30, 2018 in Buenos Aires and from what I have read, so far there will not be a large planned ceremony. In fact, according to CBC News, one day before the Summit begins, “Officials don’t know yet who will sign the pact. And they haven’t […]
G-20 Summit on November 30 According to Politico.com, Mexico’s Secretary of Economy, Ildefonso Guajardo, said, “The U.S., Mexico and Canada will sign the revamped NAFTA deal on Nov. 30 on the sidelines of the G-20 leaders summit in Buenos Aires, even if U.S. tariffs on steel and aluminum remain in place — but he expressed […]
Canada says No. Not with Trudeau present anyway. Canada’s ambassador in Washington says Prime Minster Justin Trudeau will not be taking part in any sort of signing ceremony alongside President Trump if steel and aluminum tariffs aren’t lifted first. According to CBC Canada, “Trudeau told CNN on Tuesday that Canada is not considering backing out […]
Will Steel and Aluminum Tariffs be Lifted before the end of November? Mexico will not sign the United States-Mexico-Canada Agreement (USMCA) until the United States removes steel and aluminum tariffs on both Canada and Mexico. The final text is currently being written and the goal is to have all three countries sign by the end […]
U.S., Mexico and Canada create the USMCA Canada and the U.S. reach an agreement on North American trade after talks this weekend, and Canada will officially be signing a new NAFTA with U.S. and Mexico, bringing the revamp of the North American Trade Agreement to life. In fact, the new deal has a new name: […]
The United States-Mexico-Canada Agreement (USMCA) Written by Daniel D. Ujczo, Practice Group Chair – Intl & Regional Practices, Dickinson Wright Posted September 30, 2018 The United States, Canada, and Mexico reached a trilateral agreement as part of the renovation of the North American Free Trade Agreement (NAFTA) on September 30, 2018. Preliminarily styled the United States-Mexico-Canada […]
The Clock is Ticking Written by Daniel D. Ujczo, Practice Group Chair – Intl & Regional Practices, Dickinson Wright Posted August 31, 2018 As Dickinson Wright predicted in a series of prior NAFTA briefing notes (see below), the United States Trade Representative (USTR) Robert Lighthizer issued a notice to Congress on Friday, August 30, 2018 of […]
