5 days ago · Tariffs could raise the price for those raising a glass of tequila or Canadian whisky. In 2023, the U.S. imported $4.6 billion worth of tequila and $108 million worth of mezcal from Mexico, according to the Distilled Spirits Council of the United States, a trade group.

4 days ago · On February 1, 2025, President Trump imposed tariffs on imports from Canada, Mexico, and China, to take effect on February 4, 2025. 1 The tariffs are an additional 25% ad valorem rate of duty to all imports from Canada and Mexico and 10% on imports from China (except Canadian energy resources exports, which would face a 10% tariff instead). Shortly …

Feb 1, 2025 · Constellation Brands, which imports Modelo and Corona beer as well as Casa Noble tequila from Mexico, could see its costs leap 16% under Trump’s proposed tariff and would likely have to raise ...

5 days ago · Until the crisis is alleviated, President Donald J. Trump is implementing a 25% additional tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China. Energy...

6 days ago · President Trump is imposing 25% tariffs on most imports from Mexico and Canada, as well as 10% tariffs on imports from China. Mexico supplies more than a quarter of the fresh fruits and vegetables ...

Dec 19, 2024 · Stricter IMMEX Restrictions: The Mexican government has expanded the list to 302 tariff lines of products that cannot be imported under the IMMEX program. The IMMEX program allows duty-free temporary imports for export production.

Jan 21, 2025 · Here’s where a 25% tariff on Mexican and Canadian goods could hit Americans hardest: The US imported $87 billion worth of motor vehicles and $64 billion worth of vehicle parts from Mexico...

On April 22, 2024, the Mexican Government published a modification to the Tariff of the Law of General Import and Export Taxes. The Mexican government has established temporary import tariffs ranging from 5% to 50% for 544 HS codes.

Nov 5, 2023 · There are no tariffs for products made in the United States that meet rules of origin requirements under the United States-Mexico-Canada Agreement (USMCA). However, there are several exceptions and caveats noted below that may affect overall pricing of U.S. exports.

On April 22, 2024, the Mexican Ministry of Economy established import tariffs ranging from 5% to 50% on specified products, which went into effect on April 23, 2024.