The Executive Coordinator of the Hispanic Mission, Jesús Hernández Peña, warned that some two million Mexicans are at risk of being deported due to the threat of Republican Donald Trump. Those two million, according to Hernández Peña, are those who maintain an irregular stay in the neighboring country to the north. Hernández Peña pointed out […]
Mexico Closes Loophole on Chinese Goods: Tariff Hike Hits E-Commerce Industry
In a move aimed at bolstering domestic manufacturing, Mexican President Claudia Sheinbaum has issued a decree that effectively closes the “border-skipping” loophole used by many U.S. e-commerce companies to avoid tariffs on Chinese goods. This strategy, which allowed for duty-free entry of shipments valued at $800 or less under Section 321, was exploited by numerous […]
Mexican and Canadian business leaders to meet in January to strengthen trade ties in Trump era
A delegation of CEOs from Canadian companies will visit Mexico on January 15 to meet with Mexican businessmen with the aim of strengthening trade relations, promoting continental economic security and fostering economic integration in North America to consolidate a more prosperous and competitive region. During this visit, the top Canadian executives will hold strategic meetings […]
Drought-Stricken Mexico Faces 4D: The Unseen Collision of Data Centers, Drinking Water, and Economic Growth
As Queretaro Booms with Data Center Development, Concerns Rise Over Long-Term Sustainability and Water Security In the scorching hot city of Queretaro, Mexico’s third most populous metropolitan area, a ticking time bomb is brewing. The insatiable demand for data center development, driven by multinational corporations seeking to capitalize on the region’s growing economic potential, has […]
Mexico and Italy agree to expand economic exchanges; celebrate 150 years of diplomatic relations
After Italy returned 101 archaeological pieces to Mexico, both countries agreed to expand economic exchanges and investments in strategic sectors. In the framework of the 150th anniversary of the establishment of diplomatic relations, both countries also agreed to deepen cooperation in areas of mutual interest. The Undersecretary of Foreign Affairs, María Teresa Mercado Pérez, met […]
Tariffs on Mexico and Canada Could Devastate Border Region, Economists Warn
The threat of tariffs by President-elect Donald Trump has sent shockwaves across the country, particularly in Texas’ southern border. If implemented, these tariffs could cripple trade between the US, Mexico, and Canada, leading to a significant increase in prices for imported goods, loss of jobs in the manufacturing and warehousing sectors, and a decline in […]
Profeco Identifies E-Commerce Platforms That Fail to Meet Promises
The Federal Consumer Protection Agency (Profeco) has analyzed several e-commerce platforms to determine which ones fulfill their promises, especially during high-demand seasons like Christmas and New Year. The analysis focused on five key points: delivery times, shipping and delivery quality, tracking information, product description, and possible non-compliance with product delivery. Profeco conducted the analysis by […]
FBI Warns Chrome, Safari And Edge Users During Black Friday Sales Online
The FBI has released a warning for online shoppers to be cautious during the holiday season, specifically on Black Friday and Cyber Monday. The agency has identified seven key points to watch out for when shopping online, which include: 1. Verifying the website’s legitimacy by checking the URL for “https” and a padlock icon in […]
BofA Sees Growth Potential in Mexico Despite Trump Tariff Threats
Bank of America (BofA) remains optimistic about its future in Mexico, anticipating benefits from nearshoring despite President-elect Donald Trump’s recent threats to impose tariffs on exports to the United States. Market Concerns Trump’s announcement earlier this week about potential tariffs on Mexico and Canada has unsettled markets and raised concerns about multinational investments in the […]
Quintana Roo Business Sector Concerned About Chinese Import Restrictions
Business leaders in Quintana Roo are expressing concern over impending restrictions on imports from China, a market that accounts for up to 30% of the state’s imports. Sergio León Cervantes, president of Entrepreneurs for Quintana Roo, reported that during a meeting with Paul Carillo, Secretary of Economic Development of Quintana Roo, it was revealed that […]