The Motor & Equipment Manufacturers Association (MEMA) supports the creation of a group to advise on the USMCA rules of origin changes. This is a USMCA Motor Vehicle and Engine Parts Innovation Advisory Group. The idea is that this Advisory Group will assist the White House Trade Representation
The Mexico Fund highlighted the relationship between nearshoring and Mexico‘s exports with a positive effect in 2024. In the first 11 months of 2024, Mexico exported products with a customs value of US$565.413 billion, which implied an increase of 4.0% at a year-on-year rate. For all of 2024,
The U.S. Department of Agriculture (USDA) highlighted opportunities for producing organic mushrooms and organic pet food in the United States. According to the USDA, market data confirms that the organic mushroom and organic pet food sectors have significant growth potential. However, to achieve this goal, it is essential
Marcelo Ebrard, Mexico‘s Secretary of Economy, stressed that it is necessary to counteract the protectionist narrative about China and Mexico. “The level of geopolitical conflict and tension is very different, it is much higher and there what we have to take care of is this protectionist narrative that
The U.S. government has expressed concern about the possibility of Chinese automakers setting up production plants in Mexico and exporting units to the U.S. market. Some companies based in the People’s Republic of China have announced plans to establish manufacturing facilities in Mexico, which could allow them to
New regulations allow for a wider range of tequila bottle sizes in the United States. In general, these are filling standards for wine and distilled spirits in that nation. Tequila bottle sizes Tequila is made by distilling the juice extracted from the blue agave plant. This beverage is