Type:Notice
Citation:90 FR 11746
Reading Time:about 17 minutes
The Department of Homeland Security has announced changes to trade rules affecting imports from Mexico. Due to multiple presidential executive orders, new duties (taxes) are applied to various products from Mexico. Some products, particularly those related to the automotive industry, are not subject to these additional charges, while others like potash have reduced taxes. From March 7, 2025, these rules will take effect, modifying the Harmonized Tariff Schedule to ensure compliance with U.S. laws and international agreements.
Simple Explanation
The U.S. government is changing some rules about the taxes on things that come from Mexico; some stuff will cost more, but others, like car parts, might be cheaper to bring in.