The United States Trade Representation (USTR) announced Tuesday that it will suspend the additional 10% duty on unalloyed Canadian aluminum imports retroactively to September 1, 2020. The USTR expects average monthly imports to decline 50% from the monthly average in the January-July period. As a result, the United
Pemex exports decreased 33.7% in peso terms in the first six months of 2020, with export earnings denominated in US dollars converted to pesos at the exchange rate on the date of the corresponding export sale. Pemex exports went from 311.5 billion pesos in the first half of
Coca-Cola FEMSA has budgeted approximately 438 million dollars (10,110 million pesos as of June 30, 2020) for its capital investments to be exercised in 2020. First, in 2020 and 2019, Coca-Cola FEMSA has focused its capital expenditures on investments in returnable containers and boxes, to improve the efficiency
The peso closed the session with a minimum appreciation of 0.04% or 1 cent, trading around 21.09 pesos per dollar, after touching a minimum of 20.9588 pesos per dollar, a level not seen since March 11. The peso gave up most of its gains after the publication in
The United States Trade Representative (USTR), Robert Lighthizer, criticized on Tuesday a report from the World Trade Organization (WTO) panel that declared that the actions taken by the United States «to combat the widespread and harmful theft» of technology and US intellectual property by China are inconsistent with
The World Trade Organization (WTO) ruled against the tariffs that started the trade war between the United States and China, that is, the import taxes that United States customs imposed on Chinese products with an annual value of about 234,000 million of dollars. The tariffs were imposed in