GM Confirms Commitment to Car Manufacturing in Mexico
Mexican Secretary of the Economy Marcelo Ebrard announced that the U.S. car manufacturer will maintain its production in Mexico despite the threat of potential U.S. tariffs
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Mexican Secretary of the Economy Marcelo Ebrard announced that the U.S. car manufacturer will maintain its production in Mexico despite the threat of potential U.S. tariffs
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U.S. President Trump also reiterated his tariff threats and encouraged corporations to return manufacturing to the United States during a talk at the Davos World Economic Forum
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Economic analysts noted that key factors like President-elect Sheinbaum’s cabinet appointments and the outcome of the upcoming U.S. presidential elections
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Lawmakers highlighted concerns surrouding Mexico’s energy policy, nearshoring capabilities and government transparency
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“The next president will have to deal with the problems that have plagued Mexico for many years, such as public security, human rights violations, migration and corruption,” read the European Parliament Research Service report
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Nearshoring picked up steam when the covid-19 pandemic exposed the considerable risks inherent in the supply chains for numerous critically important products and intermediate goods for which there was often a single supplier
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This marks Mexico’s first time in history as the United States’ largest trade partner, surpassing China’s 15-year-long reign
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The three North American neighbors are acting and must continue to act individually, bilaterally and trilaterally
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The dramatic decline in investment in generation and transmission of electricity in Mexico has increased frequency and severity of power outages across the country, dramatically impacting not only the productive economy but also the most vulnerable segments of society
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Even while establishing new industries, U.S. manufacturers kept using the term offshore to refer to assembling in Mexico
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