North America depends on foreign countries for essential medicines, which makes the region vulnerable to health emergencies. Alejandro Sanders, executive director of the Mexican Pharmaceutical Council, issued this warning at hearings organized by the USTR on the six-year review of the USMCA in Washington on December 3. Essential
Several stakeholders who participated in consultations in Mexico on the USMCA questioned US agricultural subsidies. “In the case of agriculture, you will probably find concern that the United States has very large subsidies and Mexican farmers are at a disadvantage,” said Marcelo Ebrard, Secretary of Economy, as part
Mexico will demand compliance with automotive rules of origin in the United States-Mexico-Canada Agreement (USMCA), said Economy Secretary Marcelo Ebrard. At a press conference last Thursday, Ebrard said that no one in Mexico is proposing to end the USMCA and that, on the contrary, there is a broad
The United States-Mexico-Canada Agreement (USMCA) has responded to geopolitical challenges, according to the National Association of Bus, Truck, and Tractor Manufacturers (ANPACT). ANPACT is a truck association in Mexico composed of 14 original equipment manufacturers and one engine manufacturer. Geopolitical challenges After a year-on-year decline of 9.5% in
The Chinese government has announced that it is seeking to sign more FTAs with Latin American countries and expand trade and investment cooperation in the region. This objective is part of China‘s Policy Document on Latin America and the Caribbean, released on Wednesday. FTAs with Latin American countries
The US aluminum and steel industries proposed establishing a common tariff in the USMCA. On the one hand, the Aluminum Association called for Mexico, the US, and Canada to harmonize tariffs at their borders to prevent aluminum from non-market economies from entering North America. On the other hand,