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usmca

Understanding Valuation Methods for Imported Goods When Manufacturing in Mexico

NovaAdmin · May 1, 2025 ·

When manufacturing in Mexico, the checklist usually starts with location, costs, and labor. And for good reason—Mexico has a fantastic labor pool, growing infrastructure, and trade benefits under the USMCA. But here’s what many companies miss: valuation methods for imported goods. It might sound dry, but it’s a dealbreaker if you get it wrong. One […]

How to Qualify for IMMEX and Start Importing Duty-Free

NovaAdmin · April 17, 2025 ·

So, You Want to Manufacture in Mexico? Here’s How to Qualify for IMMEX If you’re eyeing Mexico as your next move in manufacturing, you’ve probably heard about the IMMEX program. Maybe in a webinar, a meeting. But what does it actually take to qualify for IMMEX—and why is that so significant now, especially with tariffs […]

USMCA Pros and Cons: A Comprehensive Analysis of the United States-Mexico-Canada Agreement

NovaAdmin · October 31, 2024 ·

The United States-Mexico-Canada Agreement (USMCA), which replaced the North American Free Trade Agreement (NAFTA) in 2020, has significantly impacted North American trade with its enhanced standards. Implementing noteworthy updates to digital trade, labor laws and environmental provisions, the USMCA has garnered both support and criticism. To navigate its implications effectively, understanding USMCA Pros and Cons […]

The Impact of USMCA on Mexico’s Industrial Manufacturing Sector

NovaAdmin · May 23, 2024 ·

The intricacies of international trade agreements highlight the significant impact of the United States-Mexico-Canada Agreement (USMCA) on Mexico’s industrial manufacturing sector. The USMCA, which replaced the North American Free Trade Agreement (NAFTA) in 2020, has ushered in the era of trade relations between the three nations, with Mexico’s industrial manufacturing sector at the forefront of […]

Maximizing the USMCA Advantage: Texas Manufacturers Partnering with Mexico

NovaAdmin · March 28, 2024 ·

The United States-Mexico-Canada Agreement (USMCA) ushered in a new era of North American trade cooperation. This agreement presents a wealth of opportunities for manufacturers in Texas. By strategically partnering with Mexican companies, Texas manufacturers can strengthen their supply chains, expand their customer base, and boost their bottom line. What is the USMCA? USMCA (United States-Mexico-Canada […]

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