The automotive and telecommunications sectors, among others, depend 100% on semiconductor supplies Mexico is in negotiations with more than a dozen companies from Taiwan, a leading country in the world manufacturing of industrial semiconductors, while the US announced an alliance to strengthen the region in the development of these essential microcomponents for some sectors such […]
Export of furniture from Mexico to the US, Europe and Asia reach 12,700 MDD
Furniture exports from Mexico increased 65 percent to the United States in recent years. Mexico is the first exporter of furniture in Latin America and occupies the fifth place worldwide overcoming the sales of the manufacturers of Denmark, Sweden and the United States, reveals association of furniture manufacturers of Jalisco (Afamjal). “This reflects the sustained […]
The 500 Most Important Companies in Mexico
The year 2023 was a turning point for large companies in Mexico, as inflation, monetary policy, and exchange rates dominated the national macroeconomic scene, making companies the crucial thermometer for measuring the country’s financial health. In this context, the edition of “The 500 Most Important Companies in Mexico” gains greater relevance: more than just a […]
Mexico, the United States and Canada seek to accelerate their trade integration
The Free Trade Commission (CLC) of the Mexico, United States and Canada Agreement (USMCA) seeks to intensify efforts towards the “full implementation” of the agreement, in preparation for its scheduled review in two years, at the conclusion of its fourth At the meeting, which takes place almost four years after the entry into force of […]
Chart of the day: China’s trade partners in Latin America
China has become one of Latin America’s most important trading partners in recent decades. The relationship is characterized by growing commercial exchange, significant investments and strong mutual dependence. Chart of the day: China’s trade partners in Latin America China’s sustained economic growth has boosted demand for natural resources, such as oil, minerals and agricultural products, […]
Coahuila and Durango ready to take advantage of the trade war between the United States and China
Coahuila and Durango will take advantage of the current trade conflict between the USA and China After the United States Government announced an increase in tariffs for Chinese goods, Mexico, specifically the states of Coahuila and Durango, are ready to take advantage of the arrival of investments from the Asian country and also to position […]
Foreign Direct Investment in Mexico: the record, the lights, the shadows and the question marks
Foreign Direct Investment (FDI) in the first quarter of 2024 was 20,313 million dollars. This is the maximum figure for a first quarter since records have been kept. It is 9% higher than last year and more than double the 9,502 million dollars that were raised in 2018. Comparing the numbers for 2024 with those […]
Biden’s tariffs on China put Mexico in trouble
The White House is “seriously concerned” about the triangulation of Chinese goods using Mexico as an entry route to the United States. The issue is heading to be the great knot of the next review of the TMEC trade agreement The White House’s recent imposition of 50% tariffs on $18 billion in Chinese goods is […]
US suggests possibility of penalties if production of Chinese electric vehicles moves to Mexico
The Biden administration has hinted at the potential for imposing additional sanctions if Chinese electric vehicle manufacturers attempt to relocate their production to Mexico as a means to circumvent the newly declared import levies. On Tuesday, President Joe Biden instructed the U.S. Trade Representative’s office to levy a comprehensive tariff exceeding 102% on Chinese electric […]
New flights Mérida-Cancún and Mérida-Villahermosa
“Aerus” inaugurates flights to Cancún and Villahermosa, from Mérida The “Manuel Crescencio Rejón” International Airport of Mérida yesterday expanded its national air connectivity with the inauguration of the new routes Mérida-Villahermosa and Mérida-Cancún, operated by the airline “Aerus” with planes with capacity for between 9 and 12 passengers, which come to satisfy certain market niches. […]