Automotive investments in the United States grew fourfold since the ratification of the USMCA compared to the equivalent period in the previous year, General Motors noted. Overall, the high standards agreed upon by Mexico, the United States, and Canada, in effect since July 1, 2020, established ambitious but
Since the existence of the United States-Mexico-Canada Agreement (USMCA), General Motors invested more than $60 billion in the United States. In addition, according to its own information, the company contributes approximately $50 billion directly to the US Gross Domestic Product (GDP) and triples that amount thanks to the
The United States Department of Agriculture (USDA) projected that apple consumption in Mexico for the 2025/2026 marketing year will be approximately 1.11 million tons, a modest increase of 3% year-on-year. Marketing years begin in August of each year. On Wednesday, the Mexican government published a resolution in the
The National Association of Bus, Truck, and Tractor Manufacturers (ANPACT) asked the United States Trade Representative (USTR) to recognize US standards in Mexico. Mexico has not taken sufficient measures to formally recognize the U.S. Federal Motor Vehicle Safety Standards (FMVSS). At the same time, the current certification processes
Metalsa highlighted that the interdependence of auto parts between Mexico and the United States has grown, driven by the rules of origin of the USMCA. The company manufactures automotive components for several major U.S. automakers, including Ford Motor Company, General Motors, and Stellantis North America, among others. In
The UK government highlighted the benefits of CPTPP at a meeting of the World Trade Organization (WTO). One year after the UK celebrated the first anniversary of its accession to the CPTPP, the British government’s Department for Business and Trade (DBT) has proactively compiled case studies on how