The United States-Mexico-Canada Agreement (USMCA) has impacted the automotive industry by consolidating an integrated production system in the region. In recent decades, the automotive industry has remained one of the most integrated sectors in North America. Under the two administrations of President Donald Trump, this trend has been
The Ministry of Economy presented the main concerns of Mexican companies regarding the review of the United States-Mexico-Canada Agreement (USMCA). Among these concerns were the persistence of unilateral measures imposed by the United States under Section 232 of the Trade Expansion Act of 1962, which allows tariffs to
The United States-Mexico-Canada Agreement (USMCA) promotes regional productive integration and reduces logistical vulnerabilities, according to Mexico’s Ministry of Economy. Consultations held in Mexico on the six-year review of the USMCA highlight that one of the main contributions of the USMCA in the current context is its contribution to
Southern Copper Corporation investments showed an upward trend over the last four years, reaching $1.3253 billion in 2025. Its capital expenditures grew year-on-year during this period, from $892.3 million in 2021. Southern Copper Corporation is one of the largest integrated producers of copper, molybdenum, zinc, and silver. With
The US trade deficit with Mexico is not deliberate, said Mexico’s Ministry of Economy when it released the results of the public consultation meetings for the review of the United States-Mexico-Canada Agreement (USMCA). According to data from the U.S. Department of Commerce, this deficit was $196.913 billion in
Mexico, Japan, South Korea, Canada, and Germany ranked as the top exporters of cars to the United States in 2025, according to data from the Department of Commerce. From around the world, U.S. car purchases totaled $183.827 billion, a 16% drop from 2024. Exporters of cars to the