Brazil‘s manufacturing production has lost competitiveness in recent years, with declines in four of the last five years. In 2023, manufacturing output in this country contracted by 1.3%, following a 0.5% decline in 2022. Brazil’s manufacturing production According to the Brazilian government, the negative performance was mainly due
Sanfran’s investment in the expansion of an engine plant in Querétaro, Mexico, amounts to US$50 million. Who is Safran? It is the world’s second largest aeronautical equipment manufacturer and supplier, providing aero engines to Boeing and Airbus. This company has continued to benefit from the return of air
President Claudia Sheinbaum suggested that Mexico could impose retaliatory tariffs that her U.S. counterpart, Donald Trump, announced he would set against Mexico on his first day in office. On Monday, Trump anticipated that he would set a tariff of 25% on all imports from both Mexico and Canada,
U.S. President Donald Trump on Tuesday chose Jamieson Greer as the head of the U.S. Trade Representative (USTR). Jamieson Greer is little known outside of Washington and will fill a key position for Trump’s announced actions on imposing tariffs. He is a former Air Force lawyer and
China is part of the RCEP and wants to join CPTPP; but the United States, with Donald Trump in the Presidency, has introduced uncertainty about the USMCA. At the same time that the RCEP relief process is proceeding as normal, CPTPP is expanding and USMCA is facing challenges
Costa Rica doubled its pet food (dog and cat) imports in the last five years. These foreign purchases rose from US$37.4 million in 2018 to US$80 million in 2023. The cumulative increase in that five-year period was 114%, according to data from Procomer and the Central Bank of