ments are expected and companies operating under the IMMEX program should remain vigilant to updates.The future of automotive manufacturing in Mexico is uncertain, with multiple factors coming into play over the coming years. Automotive companies must be prepared to address multiple potential outcomes and roadblocks to success.[1]Press Briefing by Press Secretary Karine Jean-Pierre and United States Trade Representative Katherine Tai, the White House Briefing Room, May 14, 2024, https://www.whitehouse.gov/briefing-room/press-briefings/2024/05/14/press-briefing-by-press-secretary-karine-jean-pierre-and-united-states-trade-representative-katherine-tai/[2] Marco Rubio, Sherrod Brown, Mike Braun, and Robert P. Casey, Letter to Biden Regarding Mexico’s Steel Surge and China’s Country Hopping, September 17, 2024, https://www.brown.senate.gov/imo/media/doc/letter-to-biden-re-mexicos-steel-surge-and-chinas-country-hopping.pdf[3] USMCA Automotive Rules of Origin: Economic Impact and Operation, 89 Fed. Reg. 26919 (April 16, 2024) (written submissions are open until November 18, 2024).[4] Securing the Information and Communications Technology and Services Supply Chain: Connected Vehicles, 89 Fed. Reg. 79088 (Sept. 26, 2024).[5] Id.[6] USMCA Article 32.2.1.(b).[7] SAT Doubles Revenue from Auditing Foreign Trade Operations, Expansion, Expansión, Feb. 28, 2024, https://expansion.mx/economia/2024/02/28/sat-fiscalizacion-comercio-exterior (translation).[View source.]

ndustry scenarios in the incoming USMCA 2026 joint review.See “A Proclamation on Adjusting Imports of Steel Into the United States,” https://www.whitehouse.gov/briefing-room/presidential-actions/2024/07/10/a-proclamation-on-adjusting-imports-of-steel-into-the-united-states-7/. Moreover, USMCA-originating vehicles would not be subject to the forthcoming increase in Section 301 import duties on Chinese products, most notably, the duty increases that apply to electric vehicles, semiconductors, and batteries.Securing the Information and Communications Technology and Services Supply Chain: Connected Vehicles, 89 FR 15066 (March 1, 2024).US to issue rules on Chinese connected vehicles this autumn. Reuters.com. May 15, 2024, https://www.reuters.com/world/us/us-issue-rules-chinese-connected-vehicles-this-fall-2024-05-15/ USMCA Article 32.2.1.(b). USMCA Article 34.7. International Trade Commission, Investigation No. 332–600, USMCA Automotive Rules of Origin:Economic Impact and Operation, 2025, 89 FR 26919 (April 16, 2024). Written submissions are open until November 18, 2024. Press conference addressing the recent Section 301 measure. May 14, 2024, https://www.whitehouse.gov/briefing-room/press-briefings/2024/05/14/press-briefing-by-press-secretary-karine-jean-pierre-and-united-states-trade-representative-katherine-tai/United States, Canada, and Mexico Joint Statement of the Fourth Meeting of the USMCA//CUSMA//T-MEC Free Trade Commission. May 23, 2024, https://ustr.gov/about-us/policy-offices/press-office/press-releases/2024/may/united-states-canada-and-mexico-joint-statement-fourth-meeting-usmcacusmat-mec-free-trade-commission White House, “President Biden Takes Action to Protect American Workers and Businesses from China’s Unfair Trade Practices,” ..[View source.]