Mexico seeks the approval of the USMCA to promote the labor reform

November 26, 2019 11:14 am The Mexican government is still waiting for Canada and the United States to ratify the United States, Mexico and Canada’s Free Trade Agreement (USMCA). On October 14, Mexico’s President, Andrés Manuel López Obrador, sent a letter to the U.S. congressmen explaining the steps Mexico will give to implement a new labor reform. His objective was… [+]

Democrats hope for the USMCA to be ratified before the end of the year

November 19, 2019 2:21 am Morena’s Parliamentary Coordinator in the House of Representatives, Mario Delgado, said U.S. Democratic congressmen are optimistic and confident that the USMCA could achieve ratification before the end of the year. During the U.S.-Mexico Inter-Parliamentary Meeting held in San Diego, California, Democratic Congresswoman Henry Cuellar said she is optimistic that the new trade agreement will enter… [+]

The automotive industry prepares for the USMCA

November 5, 2019 2:53 am Among the changes that will bring the Free Trade Agreement between Mexico, the United States and Canada, will be the modification of the rule of Regional Content Value of the automotive sector, which will go from 62.5 to 75%, this change will be given in 4 states with gradual increases in the percentage over a… [+]

Mexico aims to promote projects for the Northern Triangle

November 5, 2019 2:35 am After meeting with the head officials of Central America and the White House, the Mexican government aims to promote three economic development proposals in the so-called Northern Triangle of Central America, integrated by Guatemala, Honduras and El Salvador. This is a strategy to reduce the exodus of Central Americans to the North. In this regard,… [+]

Mexico has great opportunities for the USMCA

October 29, 2019 1:41 am The new labor policy proposed by Mexico in the USMCA trade pact leads to a debate among U.S. legislators. Due to their determination to find out what this reform proposes, Mexican President Andrés Manuel López Obrador sent a letter to the Speaker of the U.S. House of Representatives, Nancy Pelosi, about this new law that… [+]

Call upon distinguishing and defining invoice sales and purchase behaviors

October 22, 2019 11:27 am A call to distinguish the behavior of the one that sells and promotes with the one that buys, acquires or is surprised by one of the “invoicers” is the one Octavio of the Tower of Stéffano made on the tax reform package proposed by the Federal Government for 2020 before the Congress of the Union,… [+]

Breakthroughs of Mexico’s E-Commerce

October 22, 2019 10:55 am In Mexico, there has been a gradual but solid progress with interesting expectations of e-commerce growth for the coming years, according to the general conclusions shared in the Industry Report: eCommerce in Mexico 2019-2020. The data published by ‘We Are Social’ reveals that Mexican Internet users are predominantly more active, demonstrating that more than 78%… [+]

Digital collection will depend on companies’ good faith

October 9, 2019 9:35 am According to specialists, if we continue with the series of initiatives that are discussed in different instances, consumers would be the main affected from inspecting platforms such as Netflix, Spotify or Uber, along with the challenge that the Government of Mexico faces when taxing this type of companies, since not even the great economic powers… [+]

USMCA: Ratification on 2020

October 9, 2019 9:19 am The USMCA is trapped between the political and electoral interests of the U.S. and Canada’s Congress. Its ratification and entry into force is far from materializing in the remainder of 2019, the most recent forecasts warn. The Foreign Trade specialist from the IBERO Business Studies Department, Aribel Contreras Suárez, pointed out the 70% chance for… [+]

The Mexican steel industry

September 30, 2019 1:32 pm On its past print edition of August 2019, Forbes México published an interview with Raúl Gutiérrez, CEO of Deacero— a steel company in Monterrey, one of the most important in its sector with international presence. He wants to create debate regarding a necessary change to establish an industrial policy with social awareness. “It is time… [+]