MND_NEARSHORING IN MEXICO
Mexico moves past Taiwan as the top AI server exporter to...
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...
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.
GM will move assembly of its Groove and Aveo models from China to Mexico
Starting next year, GM will be assembling those two vehicles at its Ramos Arizpe plant in Coahuila, which began operations 45 years ago.
Mexico-Taiwan trade, already growing steadily, has surged this year
A 400% year-on-year increase in Mexican imports from Taiwan reflects the significant deepening of trade ties between the two countries in recent years, amid a broader regional shift toward supply chain diversification away from China.
Mexico, US advance critical minerals pact ahead of their inclusion in the USMCA review
Managing minerals critical for modern manufacturing, such as lithium and copper for electric vehicle production, are high priorities for both the Sheinbaum and Trump administrations.
Nearshoring drives Mexico back into top 20 for foreign investment, but challenges remain
Mexico wasn't even on the list three years ago, but has now shot up to No. 19. Challenges remain, however, the most pressing of which is lagging technical innovation.
China threatens retaliation over Mexico’s tariff hikes
Beijing warned Mexico it reserves the right to retaliate after an official probe found Mexico's sweeping tariff hikes on Chinese goods constitute trade and investment barriers.
