Reported about 23 hours ago
Mexican President Claudia Sheinbaum has enacted a decree that abolishes the 'border-skipping' strategy utilized by many U.S. e-commerce companies to evade tariffs on Chinese goods. This change, effective immediately, applies particularly to apparel imports, raises import duties significantly, and restricts certain imports under the IMMEX program. The move is aimed at strengthening Mexican textile manufacturing and employment while pushing U.S. sellers to quickly rethink their logistics and supply chain strategies amid possible disruptions.
Source: YAHOO