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AI Summary: This regulation is an executive order amending previous trade regulations regarding tariffs on Mexican goods, specifically focusing on the automotive industry. The order modifies duties initially imposed by Executive Order 14194, providing exemptions and reduced tariffs for certain automotive parts and components from Mexico. Specifically, articles entered duty-free under general note 11 of the Harmonized Tariff Schedule will not be subject to additional ad valorem duties, and potash will have its additional duty rate reduced from 25% to 10%. The changes will take effect on March 7, 2025, at 12:01 a.m. eastern standard time. The executive order also includes standard legal provisions clarifying that it does not impair existing executive authorities, must be implemented consistent with applicable law, and does not create enforceable rights for any party against the United States.