Mexico May Reassess Trade Relationship with China
China reportedly sells Mexico $119 billion in goods annually while only purchasing $11 billion in return
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China reportedly sells Mexico $119 billion in goods annually while only purchasing $11 billion in return
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The newly approved wage increase will set Mexico’s daily minimum wage at 248.93 pesos per day beginning in January 2024
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Salary Increases
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OPINION By ÁLVARO SANTOS Part of an ongoing series from the Wilson Center* The United States-Mexico-Canada Agreement (USMCA) was born from a threat and a promise. The threat was to eliminate the North American Free Trade Agreement (NAFTA) altogether despite the huge regional market it helped create. The promise was to make that market more beneficial to the United States, and,
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By THE PULSE NEWS MEXICO STAFF Just one day after Mexico’s Chamber of Deputies voted to approve a reform that would have allowed financial institutions that grant loans to workers to garnish payments directly from their salaries, President Andrés Manuel López Obrador (AMLO) let it be known on Friday, March 18, that he would veto the bill if it was
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By RICARDO CASTILLO It seemed like two years ago, back in December 2018, that then-new Mexican President Andrés Manuel López Obrador (AMLO) had partially paved the rocky road that would lead to minimum wage hikes for 2019. At that time, AMLO managed to achieve a tripartite agreement among business organizations, unions and the new Labor Secretariat consensus regarding the hike.
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Falling Wages in Mexico
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By RICARDO CASTILLO Mexican Beaches Closed for Easter Mexican marines and municipal police have full control of Acapulco beaches to impede tourists from doing what they do best every Easter weekend: Enjoy their vacations. Guerrero Governor Hector Astudillo held a press conference on Tuesday, April 7, to “acknowledge the efforts being made by the persons participating in actions to keep
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By RICARDO CASTILLO U.S. union leaders were doubtful about backing the signing of the United States-Mexico-Canada Agreement (USMCA), and rightly so. The fear the AFL-CIO had was that Mexican industrialists would continue milking workers with miserable wages as a fact of life, and its members demanded the right to witness negotiations between unions and companies to protect workers’ rights. This
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Go Ahead, Take It
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