The US - Mexico border is open for business. With the transition from NAFTA to the USMCA (United States-Mexico-Canada-Agreement) in 2018, cross-border commerce, and logistics activities were improved and reinsured for years to come. The main points of the agreement center around IP protection, digital trade, tax thresholds, labor, and environmental obligations. With the structure for trade here in North America reinvigorated and the global political environment less stable, businesses are shortening their supply chains and choosing Mexico for manufacturing.
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Topics: Mexico, Cross-Border, Mexico Carrier, Customs, Tax, Importer of Record