A senior Mexican government official stated that U.S. protectionism for national security led the United States to impose a 25% tariff on steel and aluminum imports from around the world. The Undersecretary of Foreign Trade of the Mexican Ministry of Economy, Luis Rosendo Gutiérrez, made this comment in
The United States imposed tariffs to the world on steel and aluminum of 25%, impacting products with a potential value of 206,292 million dollars. These tariffs, which include products derived from both metals, came into effect as of Wednesday on orders from President Donald Trump Tariffs to the
U.S. President Donald Trump announced Tuesday that he will impose a 50% tariff on Canadian steel and aluminum. Trump argued that this decision was made after the province of Ontario, Canada, will charge U.S. entities that import electricity a tax surcharge of approximately 25 percent. This new Canadian
Coahuila, Guanajuato and Nuevo León occupied the top positions in the ranking of auto parts production by states in Mexico in 2024. What was their share of overall national production? Coahuila (14.8%), Guanajuato (13.8%) and Nuevo León (12.8%), according to data from the National Auto Parts Industry (INA).
Mexico‘s auto parts exports were US$121.693 billion in 2024 and the National Auto Parts Industry (INA) projects that they will rise to US$124.014 billion in 2025. Comparing the 2024 amount with 2023, these foreign sales increased at a year-on-year rate of 1.2 percent. If the figure is compared
The United States and Brazil compete for the rice market in Mexico, occupying the top positions among its main external suppliers. In 2024, U.S. exports of this product to Mexico reached a record US$443 million. In turn, the corresponding shipments from Brazil were US$15 million, although in the