Regulations
Foreign Trade Law
Also known as: LCE, Mexico Foreign Trade Law
Legislation regulating and promoting Mexico's foreign trade, establishing non-tariff measures, and protecting domestic production against unfair trade practices.
Also known as: LCE, Mexico Foreign Trade Law
Legislation regulating and promoting Mexico's foreign trade, establishing non-tariff measures, and protecting domestic production against unfair trade practices.
The Foreign Trade Law regulates and promotes Mexican foreign trade. It establishes the Executive's powers to regulate tariffs, non-tariff measures and restrictions, unfair trade practices (dumping and subsidies), and safeguard measures.
Dumping
An unfair trade practice of exporting goods at a price lower than their normal value in the domestic market of the country of origin, causing or threatening to cause injury to the domestic industry of the importing country.
TariffsCountervailing Duty
An additional duty levied on imported goods that are subject to dumping or foreign government subsidies, designed to protect domestic industry from unfair trade practices.
TariffsSafeguard Measure
A temporary trade protection measure that allows a country to restrict imports of a product when a sudden increase causes serious injury to domestic industry.
RegulationsNon-Tariff Barriers (NTBs)
Measures other than tariffs that countries impose on international trade to protect health, safety, environment, and domestic industry.
TradeNon-Tariff Barriers
Restrictions on international trade other than tariffs, including quotas, permits, technical standards, sanitary requirements, and other obstacles that hinder or increase the cost of importing goods.