In an important development impacting trade relations within North America, the White House announced today that effective 12:01 a.m. EST on March 7, 2025, the recently imposed International Emergency Economic Powers Act (IEEPA)-based tariffs on goods from Canada and Mexico will be temporarily suspended for all products compliant with USMCA origin requirements. This temporary suspension will remain in effect until April 2, 2025, the date … Read More
Overcoming Challenges for Latin American in the Post-Covid Era
Latin American SMEs are grappling with significant hurdles as they navigate the post-Covid landscape. High transportation costs, regulatory compliance, and limited access to finance are among the most pressing issues. Despite a projected 7% increase in foreign direct investment (FDI) and a regional economic growth forecast of 3%, progress remains sluggish. According to the Voice of Independent, Latin America’s reliance on FDI highlights the region’s … Read More