The United States wants more Mexican content in Mexico‘s exports, said Raquel Buenrostro, Mexico’s Secretary of Economy. She said that Mexico has been successful in increasing its foreign sales of finished products. National content in Mexico’s foreign sales But she noted that Mexico has not taken advantage of
The Mexican Ministry of Economy has tightened its actions to control steel and aluminum imports into Mexico. These actions have been taken in coordination with the U.S. government. The reason: the administration of U.S. President Joe Biden has pressured Mexico to prevent the triangulation of Chinese steel and
The United States, China and Brazil were the leading corn producers in 2023 and will remain so in 2024. Data and estimates are from the Food and Agriculture Organization of the United Nations (FAO). World demand According to the United States Department of Agriculture (USDA), global corn consumption
The Mexican Geological Service (SGM) reported that it is exploring for uranium, thorium and rare earths. SGM is a decentralized public agency of the Mexican federal government that promotes and conducts geological, mining and metallurgical research. Mining in Mexico According to Snow Lake Resources, uranium demand is being
The government of the new President of Mexico will give priority to boosting the digital economy, highlighted Marcelo Ebrard, who was appointed as the next Secretary of Economy. In the first half of 2024, the Ministry of Economy prepared a diagnosis on the digital economy at the national
The Ministry of Economy released the results of Mexico‘s automotive imports (new light vehicles) under quota. As part of the actions to boost the competitiveness of Mexico’s automotive industry, quotas were authorized between September 2023 and June 2024. These quotas allow for the import of 853,762 new light