The results of Arca Continental’s internationalization in the snack business showed ups and downs in some indicators. In the United States, its subsidiary Wise Foods has a production plant located in Berwick, Pennsylvania. This plant operated 13 production lines at the end of 2023. Also there, Arca Continental
Imports to the United States under FTAs (free trade agreements) rose 5.7% in 2023. With this, these foreign purchases reached US$517 billion, according to the U.S. International Trade Commission (USITC). The utilization rate in all FTAs was 76.9% in 2023 and 74.7% in 2022. Foreign purchases from the
The U.S. government proposed to prevent imports of automobiles to avoid risks from Chinese automotive technology. This Monday, the U.S. Department of Commerce released its proposal to prevent purchases of “connected” vehicles containing software and hardware from China or Russia. Chinese auto imports China is the world’s largest
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