Trade Between Mexico and the US Reaches Record of $404 Billion
Mexico stays the top US trading partner at 16.5% of the total, ahead of Canada and China, just days after Washington declined to auto-renew USMCA for 16 years.
Mexico stays the top US trading partner at 16.5% of the total, ahead of Canada and China, just days after Washington declined to auto-renew USMCA for 16 years.
Mexico’s exports to the U.S. grew 21.1% year-on-year in April, with Mexico holding firm as Washington’s top trading partner ahead of July USMCA talks.
US officials say the investigation will examine whether certain industries in Mexico are producing more goods than domestic demand can absorb and exporting excess supply into the US market.
It is more urgent than ever to understand and address the threat posed by transnational capital since the implementation of NAFTA in 1994. The USMCA, although it has a different name and some modifications, still represents a threat to our national sovereignty and the self-determination of our peoples.
Mexico and Brazil strengthened their ties with two agreements on new investments and the promotion of clean energy.
American political and media scaremongering about China at the gates belies a simple truth: the Mexican economy is still captive to US corporate investment.
Over three decades into North American free trade, it’s clear that the winners are overwhelmingly US corporations who have profited from Mexico’s low manufacturing and production costs to the detriment of Mexican labour, land and societal well-being.
Mexico works on the basic premise that a more united Caribbean and Latin America is capable of articulating shared solutions and addressing different geopolitical scenarios.
The forum will adopt a three year plan, covering measures for collaboration in scientific and technological innovation, economic and trade investment, finance, infrastructure, agri-food, energy development, and the Belt and Road Initiative.
What are the potential consequences of a second Donald Trump presidency for Mexico? Also, Morena’s overhaul of the judiciary, new tariffs on Chinese metals and greenwashing propaganda from The Guardian.