FDI in metallic mineral mining in Mexico recorded a year-on-year drop of 82.8% in 2024, to US$360 million, according to data from the Ministry of Economy. According to the Mexican Constitution and laws, only the government may extract minerals. However, Mexican individuals or corporations may FDI in mining
The President of the United States, Donald Trump, could exempt “USMCA products” until next April 2. This possible new postponement was announced Thursday by U.S. Commerce Secretary Howard Lutnick in an interview with CNBC. The day before, Trump announced a one-month pause in the 25% tariff on U.S.
Mexico will be exempt from tariffs until April 2, stated US President Donald Trump on his social network Truth Social. “After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement,,”
Under the USMCA, a mechanism has been invoked to resolve labor disputes in 31 cases through December 2024. In 2024, the White House Trade Representation (USTR) worked closely with Mexican trade and labor officials. Their objective was to ensure the proper implementation of constitutional and legislative reforms. These
President Donald Trump’s tariffs will affect the nearshoring in Mexico and North America, projected Index. “At Index we see a huge risk from this imposition, as it unprotects thousands of jobs, will unbalance supply chains and generate uncertainty in the current business relocation scenario,” it said. The relocation
The Confederation of Chambers of Customs Agents of the Mexican Republic (CAAAREM) described as a low blow the 25% general tariff imposed by the United States on Mexican products as of this Tuesday. Its president, Miguel Cos Nesbitt, regretted that this measure will make Asia, the region with