Nearshoring, Offshoring and the Maquiladora Industry
Even while establishing new industries, U.S. manufacturers kept using the term offshore to refer to assembling in Mexico
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Mexico Nominates Seade as Candidate for WTO Chief
XINHUA Mexico has formally nominated its veteran trade official Jesús Seade Kuri to be the next director general of the World Trade Organization (WTO), thus becoming the first member state to announce a candidate for the post since the WTO officially launched the selection process on Monday, June 8. According to a biographical note posted on the WTO website, Seade
Read moreSalvaging a Sinking Pemex
By RICARDO CASTILLO Critics are screaming their throats out claiming that Mexico is in a deep crisis! The daily answer from President Andrés Manuel López Obrador (AMLO) seems to be that Brooklyn street expression when you want to put down someone irately pointing their angry piping hot finger at you (straight out of Martin Scorsese’s 1970s classic “Taxi Driver”): “You
Read moreA Brief Review of Mexico’s Neoliberal Era
By RICARDO CASTILLO Now that Mexican President Andrés Manuel López Obrador (AMLO) declared on Sunday, March 17, “the end of the neoliberal era,” a brief review of what it was seems to be in order. AMLO says that it lasted 36 years through six different presidents; his gauge is correct. He also said in his calling neoliberalism defunct that his
Read moreIs Trump Putting NAFTA on Life Support?
By RICARDO CASTILLO U.S. President Donald Trump’s claimed that his reason for slapping Canada, Mexico and the European Union with tariffs on steel and aluminum was a matter of “national security.” Definitely, the response from all of the nations in question — friendly allies all of them — is that Trump’s reason is pure, unadulterated humbug. None of the affected and definitely offended leaders liked
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