Texas border inspections prompt Mexico to move trade link to New Mexico
“In many ways, Abbott’s inspections only boosted Santa Teresa, an already thriving community with a port of entry where companies also produce materials and components for factories in Mexico that assemble everything from computers, wind blades, consumer electronics and processed foods to automobiles and industrial equipment that they then ship back to U.S.-based businesses.”
[The Dallas Morning News]
China to tighten export controls on dual-use technology
“Strengthening control over products that can be used for military purposes is designed to prevent the proliferation of military products to terrorists and other groups. However, the selection of target items is still to be determined. Since the authorities make decisions based on broad concepts such as national security, there is concern that arbitrary rulings will be made, especially when a trading partner has deteriorating relations with Beijing.”
[Nikkei Asia]
Business group blasts Mexico's new lithium law as violating trade deal
“A Mexican law that nationalizes its future lithium industry violates its trade obligations and could prove costly to the government if mining companies seek to recoup losses, the local branch of the International Chamber of Commerce said on Wednesday.”
[Reuters]
UK delays planned import controls on EU goods until 2023
“The government will also review the import control plans so that they can be improved upon, according to a statement on Thursday, after it concluded that delaying the checks would save importers at least 1 billion pounds ($1.25 billion) in annual costs. It’s the fourth time the measures have been delayed.”
[Bloomberg]
Copyright © 2024 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.