Imports to the United States (products and services) hit a record high in March 2025, at $418.955 billion, the Census Bureau reported Tuesday. Americans’ foreign purchases surpassed the $400 billion threshold for the first time last January. Considering full years, imports to the United States exceeded $4 trillion
The investments of Corporación Moctezuma, a Mexican cement company, have been on an upward trend for the past five years. In addition to portland and white cement, the company produces mortar, ready-mix concrete, and aggregates. A key piece of its investment history highlights Corporación Moctezuma. In 1997, it
Mexico informed that it will establish reference prices for new sectors, including sporting goods. What are reference prices? These prices are used to facilitate the comparison of product values in international trade. They are applied, for example, in anti-dumping measures, subsidies or agricultural agreements to determine whether trade
The Mexican government reported that eight IMMEX companies made illegal imports. The total amount was Ps. 24 billion. These operations are currently under investigation by the Mexican Attorney General’s Office. Background: On December 19, 2024 a decree was published. This imposed a 35% tariff on 138 tariff fractions
The diesel prices in Mexico will foreseeably increase in 2025 due to the reduction in refinery production, projected GMXT. In the period from January 1 to March 31, 2025, the price of diesel increased 4.3% compared to the same period in 2024. From GMXT’s perspective, the increase in
Mexico‘s National Customs Agency (ANAM) began the process to cancel five customs agencies, informed the Secretary of Economy, Marcelo Ebrard, on Monday. These customs agencies are being investigated for their relationship with alleged illegal imports made by eight IMMEX companies for 24 billion pesos. Ebrard indicated that of