MND_NEARSHORING IN MEXICO
San Luis Potosí auto cluster sees potential for Chinese manufacturing investment
BYD is among the Chinese automakers that have expressed interest in opening a plant in Mexico. But neither BYD nor any other Chinese automaker has opened a plant in the country to date.
Nuevo León Gov. García announces US $600M in data center infrastructure...
Nuevo León, like Querétaro to its south, is on a roll in attracting high-tech investment projects, especially data centers for the AI industry. But how long can their power grids hold up under the increasing stress?
Mexico’s foreign affairs head seeks common ground with China in Beijing
SRE Minister Roberto Velasco's meeting with Chinese Foreign Minister Wang Yi takes place in the context of trade tensions between the two countries over tariffs that Mexico imposed this year.
Opinion: Mexican supply chains obey the laws of physics
For 30 years, one product category ruled Mexican exports without interruption: automobiles and auto parts. That era just ended. CEO of AmCham Pedro Casas reveals what's coming down the conveyor belt and where Mexico needs to step up.
Foreign Minister Velasco boosts culture, trade and education during busy 2-day visit to South...
The SRE head's broad-ranging and productive visit to Mexico's fifth-largest trading partner will be capped by the upcoming visit to Mexico of South Korean President Lee Jae Myung to sign the Mexico-Korea Action Plan.
Mexico moves past Taiwan as the top AI server exporter to the United States
The recent surge in Mexican exports of servers for artificial intelligence is being interpreted as evidence of Mexico's success in the world's most dynamic technology sectors.
Taiwanese AI firm Inventec announces US $450M expansion in Ciudad Juárez
The company’s expansion is expected to support the creation of up to 6,000 specialized jobs.
Kia will invest US $649 million to manufacture electric SUVs in Mexico
Kia's announcement is a welcome shot in the arm for Mexico's traditionally strong automotive sector that has been suffering recently from uncertainty not of its own making.
Trump re-imposes his tariffs, but Mexico gets a pass
Mexico is exempt from most of the new tariffs and is already paying the rest. So in President Sheinbaum's words, "Mexico remains exactly the same as we were a week ago.”
Greer joins USMCA talks in Mexico City to push for stronger automotive rules of...
According to the office of the U.S. Trade Representative Jamieson Greer, the United States' automotive trade deficit with Mexico presents a key obstacle to renewing the USMCA trade agreement in its current form.
Imports hit by new tariffs are down 23%, with China posting the steepest losses
New tariffs imposed in January, affecting over 1,400 product categories, have slashed those imports from US $15.4 billion to $11.8 billion. Overall imports from Asia, however, are up.
Toyota set to move production out of Tijuana and into Texas
The Japanese automaker will gradually relocate production of the Tacoma model to its San Antonio plant over the next four years. However, Mexico's Economy Ministry hinted at a future investment announcement that may soften the blow.
Mexico and European Union sign modernized trade deal, eliminating tariffs on 99% of products
The long-awaited Modernized Global Agreement (MGA) has come to fruition as both sides seek to expand and diversify trade with partners other than the United States.
