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Mexico USA

New Mexico-U.S. trade rules may lead companies to pay most-favored-nation tariff

According to a recent report from Citibanamex, Citigroup's Mexican subsidiary, new rules of origin in the preliminary trade agreement between Mexico and the U.S. will increase costs so that companies may choose to pay the Most Favored Nation (MFN) tariff rather than comply with the revamped rules, especially since 10....

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