The tariff hostilities between the world’s two largest economies erupted in March 2018 when President Donald Trump signed a memorandum imposing duties on roughly USD 50–60 billion of Chinese products.
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One of the advantages of Mexico is that it has trade treaties and agreements with more than 40 countries, which gives an advantage in exemption from paying taxes or certain requirements to be met when importing and/or exporting.
Over time, Mexico and Germany have managed to overcome trade ruptures, and they have become major trading partners.
Public-private partnership (PPP) initiatives have played a fundamental role in modernizing ports, airports, and customs processes.
The World Customs Organization proclaimed January 26th as International Customs Day, which allows us to raise awareness of the fundamental role of customs in global trade and the economic security of nations.
As digitization becomes present in most of the processes of logistics chains, this becomes more vulnerable to cyber attacks.
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