Global smartphone sales in 2022 were less than 1.2 billion units, down 11% compared to 2021, according to statistics from market research agency Canalys. Taiwan’s Hon Hai, known as Foxconn, explained that this drop was mainly due to the general economic recession. In terms of the electronics industry,
The Ministry of Economy of Mexico reported this Friday that 20 Taiwanese companies are interested in investing in the Interoceanic Corridor of the Isthmus of Tehuantepec (CIIT). These companies are: Chunghwa Telecom (TAITRA). Machan International Co. (TAITRA). A-Lumen Machine Co. (TAITRA). Vivotek Inc. (TAITRA). Teco Corporation (TAITRA). Hon
USTR argues that Mexico‘s instruction to gradually substitute GM corn used for other human consumption purposes and for animal feed (Substitution Instruction) violates the USMCA. The Corn Decree 2023 instructs Mexican authorities to gradually replace GM corn used for animal feed and human consumption other than for nixtamalization
The United States Trade Representative (USTR) released its arguments as to why it believes Mexico is violating the USMCA by restricting certain imports of GM corn. First, USTR says that Mexico violates Article 9.6.3 of the USMCA because it does not base its measures on relevant international standards,
Mexico and the United States initiated a dispute settlement panel on imports of transgenic corn under the Agreement between Mexico, the United States and Canada (USMCA). Pursuant to Articles 31.2 and 31.4 of the USMCA, the United States requested consultations with Mexico with respect to certain Mexican measures