The trade relationship between Mexico and China has managed to increase considerably, and is now positioned just behind the United States. Mexico and China have a very close economic relationship, to such a degree that the strength of trade between both countries continues to increase. This occurs despite the fact that world trade has faced […]
Mexico’s next government prepares for an eventual Trump victory
Mexican officials and advisers anticipate a drastic change in relations with the U.S. should Donald Trump win in November. ara algunos, lo que predomina es el recuerdo de negociar con Trump durante su mandato, cuando utilizó amenazas extremas contra México. ¿Qué se requirió en ese entonces para llegar a un acuerdo con el equipo de […]
Mexico and Vietnam cushion decoupling of trade between the EU and China: IMF
Some trade and investment is diverted through third countries, which partially offsets the erosion of direct ties between the US and China, the agency says. The International Monetary Fund (IMF) warned that although there are still no clear signs of deglobalization at an aggregate level, countries are reevaluating their commercial ties and that has led […]
GWM’s Plant Targets Northern Mexico
GWM will open the first Chinese car plant in Mexico, and two states are competing for it. The Chinese manufacturer first spoke of its intentions to install a plant in Mexico in September 2023. Two states are competing for the plant that the Chinese manufacturer Great Wall Motors (GWM) plans to install in Mexico. Coahuila […]
Shippers must seek out experienced cross-border providers during Mexican market boom
Growing Interest in Mexican Manufacturing and Cross-Border Logistics Companies are increasingly captivated by the prospects of manufacturing in Mexico. In 2023, Mexico surpassed China as the top exporter to the U.S., marking a significant milestone after years of steady progress. During this same period, the markets in Laredo, Texas, and Tucson, Arizona experienced a remarkable […]
Tiffany & Co. Opens its new boutique in Guadalajara, Mexico
Tiffany & Co. is pleased to announce the opening of its second store in the vibrant city of Guadalajara, which represents an exciting step for the House in Mexico. Located in the luxury shopping center, Midtown Jalisco, the new space will offer a unique shopping experience, where customers will be able to discover iconic gold […]
Samsara Expands Cross-Border Trade with New Mexico City Office
San Francisco-based Samsara has recently opened a new office in Mexico City, strategically positioned to support its growing customer base south of the border. Having entered the Mexican market in 2019, Samsara has rapidly expanded its clientele, securing five of the top 10 trucking companies in Mexico as customers. With the inauguration of this new […]
French Business Community Calls for More Security and Clean Energy to Invest in Mexico
Xavier de Bellefon, president of the Franco-Mexican Chamber of Commerce and Industry (CCI France Mexico), stated that French investors and companies are delighted with the Mexican economy but require greater security, clean energy, and skilled labor. “The companies that are here love Mexico, we love its opportunities, we love its reality and many other things,” […]
Mexico needs to rely on natural gas to make the transition to the use of renewable energy
Mexico needs to rely on natural gas while beginning its energy transition path to a larger use of renewable energy, the CEO of Valia Energia, one of the largest private power companies in Mexico, said on Thursday, March 21st. The Latin American country has a presidential election in June with frontrunner Claudia Sheinbaum outlining a […]
Will Pemex local refineries be able to process 1.7 million BPD by the end of 2024?
Mexican state energy company Pemex is set to accelerate and process 1.7 million barrels per day (BPD) of crude oil at the end of the year in its six local refineries, the company’s chief executive officer said on Monday, March 18th . Under President Andres Manuel Lopez Obrador, Pemex has been under pressure to pump […]