Seeking to improve understanding, communication, and cooperation between Mexico and the United States by promoting original research, encouraging public discussion, and proposing policy options for enhancing the bilateral relationship.
Date: February 18, 2022
Source: Aljazeera
Mexico City, Mexico – The CEO of the United States Business Association of E-Commerce (USBAEC), Tayde Aburto, has a message for the Mexican government: Encourage more US firms to move businesses they have offshored to China and Southeast Asia closer to home.
“Some of our members have been successfully nearshoring to Mexico for several years,” Aburto told Al Jazeera. “About 5 percent of our members had taken up nearshoring prior to the pandemic.”
Date: Jan. 26, 2022
Source: NBC News
COMACHUÉN, Mexico — Mexico’s remittances — the money Mexican immigrants in the U.S. and other countries send home to their relatives — have soared in the past two years, and are now expected to top $50 billion for the first time once 2021′s figures are added up. That would surpass almost all other sources of Mexico’s foreign income.
But as happy as the Mexican government is about the news — it calls the migrants “heroes” — the boom raises questions: Will Mexicans always have to emigrate? And is it sustainable, or just blip fueled in part by U.S. government pandemic support payments?
Source: Reuters
MEXICO CITY, Nov 22 (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Monday he proposed a plan last week to boost investment in North America to reduce reliance on foreign imports in his talks with U.S. President Joe Biden and Canada’s Prime Minister Justin Trudeau.
During the summit in Washington, Lopez Obrador said if North America did not move to strengthen its economy, the region risked being left behind by China, and suggested Canada and the United States should make more use of migrant labor.
12/02/19 – Chamber Business News
By Graham Bosch
Mexico is Arizona’s top trading partner, accounting for about 30 percent of the state’s exports to foreign markets, according to an extensive ongoing study by the Eller College of Management at the University of Arizona.
With that in mind, it’s no wonder that business leaders, trade experts and economists agree the cross-border relationship is of the utmost importance to Arizona when it comes to trade, manufacturing, education, safety, tourism and more.
11/21/19 – Reuters
By Julia Love
Spanish telecoms giant Telefonica has struck a deal to use some of U.S. rival AT&T’s infrastructure in Mexico, a move analysts said would better position both to compete with the market’s juggernaut, billionaire Carlos Slim’s America Movil.
Under the agreement announced on Thursday, Telefonica will use AT&T’s wireless ‘last-mile’ equipment – the final link of telecom networks that delivers service to consumers through towers, antennas and fiber-optic cables.
11/18/19 – Reuters
By Nick Carey
Long before the pistons for General Motors Co V-6 engines reach the U.S. No. 1 automaker’s Romulus, Michigan plant, they are seasoned international travelers.
Powdered aluminum from Tennessee is shipped to Pennsylvania and forged at high temperatures into connecting rods for the pistons, which are then sent to Canada to be shaped and polished. They are then shipped to Mexico for sub-assembly and finally the finished pistons are loaded onto trucks bound for Romulus to become part of a GM V-6 engine.
11/14/19 – Reuters
By Richard Cowan
U.S. House Speaker Nancy Pelosi on Thursday said a breakthrough in talks with the Trump administration on the trade pact with Mexico and Canada could be imminent and that she wanted to pass the deal by the end of the year.
“We are moving positively in terms of the U.S.-Mexico-Canada agreement. Again, it all comes down to … enforcement,” she told reporters at a news conference “I do believe that if we can get this to the place it needs to be, which is imminent, that this can be a template for future trade agreements.”
11/09/19 – Freight Waves
By Noi Mahoney
Holiday surge increases wait times at Laredo and San Diego border crossings
As the holiday season approaches, businesses across the United States have begun scrambling to ensure goods will arrive in time for Black Friday and Christmas.
The result has been increased wait times for commercial trucks crossimg the U.S.-Mexico border at ports of entry in Laredo and San Diego.
11/06/19 – Reuters
By Julia Love and Sharay Angulo
Mexico’s auto production and exports fell sharply in October compared with the same month last year as production from U.S. automaker Ford Motor Co ground to a halt, according to data from the national statistics agency INEGI.
Auto production declined 16.35%, while exports dropped 19.52%, the data showed.
10/31/19 – Reuters
By Patricia Zengerle and Makini Brice, Lisa Lambert
The U.S. House of Representatives is still working toward approving a trade agreement President Donald Trump worked out with Canada and Mexico, Speaker Nancy Pelosi said on Thursday.
The House is on a “path to yes”, Pelosi said about ratifying the agreement, which was signed nearly a year ago, adding that her chamber’s inquiry into whether Trump should be impeached has “nothing to do” with its work on the agreement.
Mexico Institute 