Switzerland, Singapore and Hong Kong took the most competitive economies in the world in 2025, a ranking prepared by the Swiss-based Institute for Management Development (IMD). The IMD World Competitiveness Ranking presents the overall ranking of 69 economies. Most competitive economies in the world in 2025 Based on
China‘s automotive exports to the United States saw a year-on-year decrease of 6% from January to April 2025, to US$5.538 billion. According to China’s SAIC, the automotive industry is facing «elimination competition», with intense price wars in the Chinese market. Faced with this scenario, manufacturers are looking to
USMCA’s relative preference requires vertical integration, highlighted Luis de la Calle, CEO of the consulting firm De la Calle, Madrazo, Mancera (CMM). U.S. President Donald Trump’s tariff policy has so far maintained certain relative tariff preferences for Mexico and Canada in the automotive industry and the exclusion for
Mexico‘s government plans to reduce imports in order to boost local production, stated Marcelo Ebrard, Secretary of Economy. “What we want to do is reduce the rate of imports from Mexico, because it is not convenient for us,” the official said in a television interview. “So, we have
AI applications boosted Taiwan‘s exports to the United States in 2024, according to data from the Taiwanese Ministry of Finance. Taiwan exports AI applications to the U.S. mainly linked to hardware and embedded software in strategic sectors, rather than direct consumer applications. These include AI for semiconductors and
Part of Brown-Forman‘s investments in fiscal years 2024 and 2025 (concluded at the end of April) were to increase tequila warehouses. In sum, this company’s capital expenditures for both years were $395 million. Tequila is an alcoholic beverage with a strong regional identity. It is made from the