The government of Mexico‘s President Claudia Sheinbaum announced on Tuesday new fiscal incentives for nearshoring (relocation). The government will also grant incentives to companies that make training and innovation expenses. This stimulus package will be given up to 30,000 million pesos and will be effective until September 30,
U.S. President Donald Trump announced that he plans to impose 25% tariffs on Mexico and Canada. Initially, in his presidential campaign, Trump stated that this measure would be taken from the first day of his new administration. On the eve of the election, Trump made a blunt promise.
Mexico agreed to eliminate tariffs on chocolate imports from European Union countries. This relief is part of the modernization of the Free Trade Agreement between the European Union and Mexico (EU-Mexico FTA 2.0), whose negotiations concluded last Friday. The dismantling of tariffs was also granted in the opposite
Intercam Casa de Bolsa ranked the five main points of Donald Trump’s inaugural speech after taking office for his second term as President of the United States. Donald Trump’s Inaugural Speech During his inauguration as the 47th President of the United States, Donald Trump unveiled a series of
U.S. President Donald Trump announced Monday that he will withdraw the United States from the Paris Climate Agreement. The United Nations Framework Convention on Climate Change (UNFCCC) is the main multilateral treaty on climate change. This agreement, adopted in 1992, encourages cooperation among nations to combat greenhouse gases
Donald Trump will release a memo Monday that does not include the imposition of new tariffs, according to The Wall Street Journal. In the memo, Trump directs federal agencies to study trade policies and evaluate the trade relationships of its major trading partners. New tariffs The presidential memo