MND_BUSINESS
New e-commerce tariffs take effect, with Chinese imports paying some of...
On top of having to pay a new tax, foreign e-commerce faces new tariffs, with exceptions for Mexico's trade agreement partners.
Mexico’s 2025 GDP growth likely to lag behind other LatAm nations
A recent survey by Mexico's central bank found that 59% of respondents said it was a "bad time" to invest in Mexico.
New tax rule for foreign e-commerce sites selling in Mexico takes...
The new rule closes a tax loophole e-commerce companies like Amazon, Temu and Shein previously enjoyed on sales in Mexico.
Mexico is sitting on 500 million liters of unsold tequila
After more than a decade of growth, demand for tequila is falling in the U.S., forcing some Mexican producers to cut prices.
Mexico’s year in review: The 10 biggest business and economics stories of 2024
2024 was a wild ride economically for Mexico, with major foreign investment plans, a volatile peso, threats of a tariff war and more.
Bank of Mexico could cut interest rates by up to 50 basis points in...
Deputy Governor Jonathan Heath told reporters this week that growing uncertainty with regard to U.S. trade will be a key factor in the decision.
Green hydrogen projects worth US $21B in Mexico’s pipeline
Mexico's Energy Ministry is funding 18 new green hydrogen projects, hoping to provide 3 million new jobs and help Mexico reach its emissions reduction targets by 2030.
With state oil company Pemex behind on payments, small suppliers face financial crisis
Small Gulf Coast subcontractors are struggling to pay Christmas bonuses and other end-of-year obligations, or even shutting down entirely.
Bank of Mexico cuts benchmark interest rate to 10%
Further rate cuts are expected in the new year as inflation declines across the country.
Mexico to impose new protective tariff on finished textile imports
The 35% tariff on finished textiles won't apply to the USMCA countries and appears to be an attempt to curb cheap clothing imports from China.
Stellantis prepares new investments in Mexico in 2025
Stellantis' investment will boost production at its Coahuila facility to nearly 1 million vehicle engines, the company said.
Mesnac to invest US $20M in Guanajuato tire manufacturing plant
The factory will be Mesnac's first in Mexico, and second in North America.
Sinaloa governor distributes cash aid to businesses impacted by cartel violence
Cartel infighting in Sinaloa has cost the state economy roughly 18 billion pesos (US $893 million) during the past three-and-a-half months.
Bloomberg: Mazda ready to move some Mexico operations if US imposes 25% tariff
Mazda's Mexico director told Bloomberg that the company has a "Plan B" ready if Donald Trump's threatened 25% tariff on Mexico takes effect.
Industrial parks set to draw US $6B in 2025
Three northern locations — Tijuana, Baja California, Ciudad Juárez, Chihuahua, and Monterrey, Nuevo León — are primed to receive the bulk of the investment.
Mexican auto industry accelerates toward historic production mark in 2024
Exports also grew by 2.8% year-on-year in November, with Japanese companies Toyota, Nissan and Honda leading the way.
