Grupo KUO reported revenues of Ps. 17.087 billion in the third quarter of 2022, an increase of 10% year-over-year, mainly explained by higher prices in the Consumer and Chemical businesses. As for its Pork business, it had a better price and volume level in the domestic and export
Mexico continues to use three types of tariff rate quotas: those negotiated under the WTO, preferential quotas negotiated under trade agreements, and unilateral quotas. What are tariff quotas? They are a measure where a product is subject to the Most Favored Nation (MFN) tariff, but a lower tariff—sometimes
A U.S. congressional analysis released a comparison of four trade agreements in force or under negotiation: CPTPP, IPEF, USMCA and RCEP. IPEF To begin with, the U.S. objectives for the Indo-Pacific Economic Framework for Prosperity (IPEF) appear to differ from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership
On September 20, 2022, the Congress of the State of Mexico approved the Law for the Promotion and Protection of Local Corn Varieties, which prohibits the use of transgenic corn. The law was published in the Official Journal of the Federation on October 6, 2022. In addition to
América Móvil reported that in the third quarter it added 2.9 million mobile subscribers, of which 1.9 million were postpaid customers. With this, the company increased its base to 307.8 million subscribers at the end of September, 9.6% more than a year earlier. América Móvil’s main competitors vary
The world’s largest importers of creative goods account for nearly two-thirds (63%) of global imports of creative goods, according to a report by the United Nations Conference on Trade and Development (UNCTAD). In 2020, the United States was by far the largest importer of creative goods ($108 billion),