A total of 56 multinational companies affiliated to the Executive Council of Global Companies (CEEG) spoke out against the presidential initiative for electricity reform in Mexico. President Andrés Manuel López Obrador already presented this Friday a constitutional reform initiative for the electricity industry in which he proposes that
General Motors recorded a 73% year-on-year drop in its light vehicle production in September, to 20,619 units, Inegi reported on Wednesday. With this result, the accumulated production of General Motors in the first nine months of the year was 426,254 vehicles, a reduction of 19.3% per year. A
China has invested about $ 150 billion in the semiconductor industry, said Katherine Tai, the US trade representative. “We also see troubling dynamics playing out today with the semiconductor industry. In 2014, China issued an industrial plan to announce the goal of establishing a world-leading semiconductor industry by
The United States government reported that it will assess some import taxes that it charges on imports from China. To do this, the United States Trade Representation (USTR) will hold a public consultation from October 12 to December 1. The USTR will then review the public comments and
The United States is concerned about the competitive pressures facing countries that are members of the Comprehensive and Progressive Treaty of Trans-Pacific Partnership (CPTPP) and other Asia-Pacific economies, said Katherine Tai, a White House trade representative. “China submitted the application (to enter the CPTPP) a week or two
The United States will begin a process of tariff exclusion on imports from China, announced Monday Katherine Tai, the United States trade representative. “we will start a targeted tariff exclusion process. We will ensure that the existing enforcement structure optimally serves our economic interests. We will keep open