U.S. President Donald Trump has used three mechanisms in the U.S.–Mexico trade agenda. As a result of a restructuring of the U.S. tariff system with the world, relations with Mexico are in a stage of redefinition. U.S.-Mexico trade agenda The outlook for Mexico considers affectations from Trump’s policies,
Mexico will produce the first electric brakes for North America, said Francisco González, executive president of Industria Nacional de Autopartes (INA). González explained that this production will take place in Querétaro, although he did not specify the name of the company. Electric brakes “A company established in Querétaro
Import taxes in Mexico increased 30.7% in 2024, at a year-on-year rate and in real terms, according to data from the Ministry of Finance and Public Credit (SHCP). Thus, these revenues amounted to 137,822 million pesos. Revenue from imported products is a key cash inflow for the federal
Chinese automobile exports grew at double- or triple-digit rates in the last five-year period ending in 2024. These foreign sales rose from $8.633 billion in 2019 to $90.24 billion in 2024, according to data from the General Administration of Customs. Chinese automobile exports On a global scale, China
Germany, Japan, China and South Korea were the world’s leading car exporters in 2024. Mexico displaced the United States from the fifth position in this ranking, according to data from the World Trade Organization (WTO) and the Bank of Mexico. Global auto exports total around US$1 trillion. Leading
Kenworth tractor-trailer production in Mexico increased at a year-on-year rate of 6.5% in 2024, to 12,189 units. Over the last four years, this production has grown steadily, according to Inegi data. The Kenworth brand belongs to the U.S. company PACCAR, which also markets trucks under the Peterbilt and