WASHINGTON — Mexico’s tax and customs authority has been subjecting U.S. textile and apparel producers to burdensome audits, forcing companies to provide thousands of documents and hire lawyers in Mexico at a huge financial cost, all to prove their goods were made in America.
Many companies that have tried to comply with the audits remain in legal limbo and are waiting for the Mexican tax and customs authority to notify them and clear them. U.S. trade officials said they have worked diligently to find a resolution with Mexican authorities. The audits are impacting companies that have long done business in Mexico under the North American Free Trade Agreement. RELATED STORY: USTR Report Cites Trade Barriers >>
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)