Low-Duty Mexico TPL (2) Filled on August 12, 2008
According to U.S. Customs and Border Protection, the low-duty tariff preference level (2) for Mexico filled on August 12, 2008 at 8:30 a.m.
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U.S. government sources have previously indicated that Mexico TPL (2) is not eligible to be increased.
Mexico TPL (2) will reopen on January 1, 2009 for 1,500,000 SME.
Mexico TPL (2), established under the North American Free Trade Agreement (NAFTA), is the annual low-duty quota for certain wool apparel imported from Mexico as described in HTS Section XI, Additional U.S. Notes (AUSNs) 3(b), (d), and (e).
(See ITT's Online Archives or 06/24/08 news, 08062420, for BP summary announcing that Mexico TPL (2) was 'on hold'.
See ITT's Online Archives or 12/21/07 news, 07122120, for BP summary of CBP's notice announcing the 2008 TPL quota limits for Mexico.)
BP Note
Mexico TPL (1) also closed early this year, on May 27, 2008. (See ITT's Online Archives or 06/04/08 news, 08060420, for BP summary.)
In 2007, Mexico TPL (2) also filled early, on June 20, 2007.