Mexico‘s exports totaled 44.446.2 billion dollars in January, which implies an increase of 5.5% at annual rate. Conversely, Mexican imports totaled 49,044.2 million dollars, up 5.9 percent. Both data refer only to products, not including services, with statistics released by Inegi on Thursday. Mexico’s exports On January 20,
U.S. President Donald Trump’s decision to defer the 25% general tariff on imports of products originating in Mexico and Canada has implications for the permanence of the USMCA. Trump deferred the entry into force of this tariff from March 4 to April 2. If applied, this tariff rate
Tariffs between the United States and Brazil have been the subject of questioning between the governments of both nations. An initial fact to ponder: The United States has a surplus in its trade in goods with Brazil. In 2024, its exports were for 49,667 million dollars and its
The National Council of the Maquiladora and Export Manufacturing Industry (Index) questioned the Mexican government’s intention to charge VAT to IMMEX companies. “We express our surprise at the SAT’s proposal of a double tax collection measure, which will be analyzed by the Supreme Court of Justice of the
Chile, Canada and Mexico, in descending order, were the main copper exporters to the United States in 2024, according to Department of Commerce statistics. Chile’s corresponding sales were 6.2 billion dollars, which represents 35.7% of total U.S. imports of this metal. On the other hand, exports of the
FDI arrivals to Mexico were 36.872 billion dollars in 2024, according to data from the Bank of Mexico. The amount implied a record and an inter-annual increase of 1.1%, compared to the updated figure for 2023, according to data from Banco de México. In 2023, Mexico ranked 21st