Mexico, Canada, China, Germany, and Japan were the top U.S. trading partners in 2023, according to data from the International Trade Commission (USITC). On the demand side, total merchandise imports to the United States were $3.08 billion 080.2 billion in 2023, down 4.9% year-over-year. International merchandise trade Canada’s
Embraer’s plant in Chihuahua, Mexico, operates with more than 1,000 workers to manufacture internal coatings for the Brazilian company’s airplanes, said Francisco Gomes, Embraer’s CEO. Globally, Embraer has 19,000 employees and one fifth of them are engineers. Gomes reported that there is a fleet of 100 Embraer aircraft
As of Tuesday, the Mexican government imposed anti-dumping duties on imports of tires from China. To be precise: these are new pneumatic tires of radial construction for automobiles and light trucks, with a nominal inner diameter of 13 to 22 inches (330.2 mm to 558.8 mm, respectively). The
If prolonged, the strike at U.S. ports will impact Christmas sales in 2024. A U.S. Congressional analysis states that the strike, which began Tuesday, coincides with the start of the harvest season and the peak season for retail distribution in anticipation of year-end holiday sales. Disagreement over wage
Kavak’s investments in Brazil total US$300 million, informed Jose Ribeiro, CEO of Kavak Brazil. This company was born as a digital marketplace for the sale of used cars in Mexico. “Kavak arrived in Brazil in 2021 and since then has invested more than 300 million dollars in infrastructure,
Ternium represents almost 30% of Brazil‘s exports to Mexico, highlighted Máximo Vedoya, the company‘s CEO. “We are a company that tries to integrate the value chain, that one part is a North American value chain, but also includes Brazil, and our company exports almost 30% of what Brazil