Page 6 - Mexico

Here's how Mexico is preparing for Trump's promises of mass deportations

Sheinbaum is following her predecessor Andres Manuel Lopez Obrador's lead in cooperating with the US to maintain smooth relations

Chinese manufacturers in Mexico brace for potential US tariffs under Trump

The proximity to the US market, combined with cheap labour, has made Mexico an attractive location for Chinese manufacturers

Mexico, EU revamp trade deal before Trump takes office with tariff threats

Mexico and the European Union on Friday announced a revamped trade agreement that they said would substantially increase trade and investment, days before the inauguration of US President-elect Donald Trump, who has threatened to slap sweeping tariffs on Mexico and other trading partners. The new Global Trade Agreement between Mexico and the 27-nation bloc would reduce Mexican tariffs of agri-food imports from Europe, remove a number of barriers that would allow European companies to more easily invest in Mexico and boost Mexican exports of raw materials like fluorspar (used in electronics) as well as antimony, copper, zinc and lead. The updated deal, which first entered into force 25 years ago, also seeks to facilitate strategic cooperation on key geopolitical issues, the European Union said in a statement. We have entered a new era in our strategic partnership with Mexico today. Our upgraded agreement shows the EU and Mexico united for freer trade and an open global economy," said

Senators demand US trade chief halt 'secret' talks on investor protections

Tai was seeking to reach binding agreements on legal interpretations of investment protections before President-elect Donald Trump takes office on Monday, the letter said

Mexico's Sheinbaum plans to cut Chinese imports in apparent nod to Trump

Sheinbaum also used her speech to defend the US-Mexico-Canada (USMCA) trade pact, which she said was the only way to compete with China

Sheinbaum vows Mexico won't bow to US as Trump prepares to take office

Ties between both nations will stay strong and dialogue will prevail, Sheinbaum said during the speech in a Mexico City square

6.2 magnitude earthquake jolts southwestern Mexico, causing no damage

A magnitude 6.2 earthquake struck a region in southwestern Mexico early Sunday, according to the United States Geological Survey, causing no serious damage or casualties. It said the quake was centered 21 kilometers southeast of Aquila near the boundary of Colima and Michoacn states at a depth of 34 kilometers. Mexican President Claudia Sheinbaum said on social media platform X that the quake prompted emergency response teams to review their protocol. "There are no new developments," she wrote. Mexico's Social Security Institute said there were no reports of damage in the capital of Mexico City, some 600 kilometers east of the temblor's epicenter near the mountainous village of Coalcomn, Michoacn. Some people in Coalcomn and in Uruapan, the second largest city in Michoacn, posted surveillance footage on social media time-stamped at 2:32 a.m. local time that showed buildings sway and parked cars shake. Others reported that they ran into the streets to wait for the shaking to ...

Trump touts 'Gulf of America'; Mexico retaliates with 'Mexican America'

US President-elect Donald Trump proposed renaming the Gulf of Mexico as 'Gulf of America'; Mexico counters with 'Mexican America' for North America

Plan for Mexico truck factory ongoing despite US tariff threat: Volvo CEO

The maker of Volvo and Mack semi-trucks has targeted growth in North America, which accounts for about 30 per cent of company revenue

Mexican President Sheinbaum responds to Trump's 'Gulf of America' comment

Mexico's President Claudia Sheinbaum responded sarcastically on Wednesday to US President-elect Donald Trump's proposal to change the name of the Gulf of Mexico to the Gulf of America. Standing before a global map in her daily press briefing, Sheinbaum proposed dryly that North America should be renamed Amrica Mexicana, or Mexican America, because a founding document dating from 1814 that preceded Mexico's constitution referred to it that way. That sounds nice, no? she added with a sarcastic tone. She also noted that the Gulf of Mexico had been named that way since 1607. The exchange has started to answer a larger question lingering over the bilateral relationship between the two regional powers: How would newly elected Sheinbaum handle Trump's strong-handed diplomatic approach, and promises of mass-deportations and crippling taxes on trading partners like Mexico? Sheinbaum's predecessor and political mentor Andrs Manuel Lpez Obrador who hailed from a similar strain of class popul

Mexico opens possibility of receiving non-Mexican deportees from Trump

Mexico opened the possibility on Friday of receiving non-Mexican migrants deported by the United States after initially saying they would push President-elect Donald Trump to return other nationalities directly to their countries of origin. President Claudia Sheinbaum said during her daily press briefing that in cases where the US would not return migrants to their countries we can collaborate through different mechanisms. She did not offer details, but Mexico could limit it to certain nationalities or request compensation from the US to move the deportees from Mexico to their home countries. There will be time to speak with the United States government if these deportations really happen, but we will receive them here, we are going to receive them properly and we have a plan, she said. Sheinbaum had prefaced her comments by saying Mexico is not in favour of them. Trump has promised to begin massive deportations. Critics have observed that there will be logistical challenges to ...

From UK to US and India: World politics took a Left-Right-Left turn in 2024

The 2024 elections were a rollercoaster. Labour roared back in the UK, Trump staged a dramatic return in the US, and PM Modi retained power in India though with a lower mandate

Mexico tests app allowing migrants to send alert if detained in US

Mexico is developing a cellphone app that will allow migrants to warn relatives and local consulates if they think they are about to be detained by the US immigration department, a senior official said Friday. The move is in response to President-elect Donald Trump's threats to carry out mass deportations after he takes office on January 20. The app has been rolled out for small-scale testing and appears to be working very well, said Juan Ramn de la Fuente, Mexico's secretary of foreign affairs. He said the app would allow users to press a tab that would send an alert notification to previously chosen relatives and the nearest Mexican consulate. De la Fuente described it as a sort of panic button. In case you find yourself in a situation where detention is imminent, you push the alert button, and that sends a signal to the nearest consulate, he said. US authorities are obliged to give notice to home-country consulates when a foreign citizen is detained. Mexico says it has beefed u

Recovery in markets, focus on key products boost export prospects for 2025

India's growing capabilities in high-value sectors like machinery and electronics are supporting the country's exports, amid global uncertainties caused by conflicts, and the gradual economic recovery in developed markets offers improved growth prospects for the Indian exporting community in 2025. Trade experts suggest that if the new US administration imposes higher tariffs on China, Mexico, and Canada, Indian exporters could benefit further by seizing those opportunities. They noted that the possible intervention of the new US administration under Donald Trump to end the Russia-Ukraine conflict could ease the Red Sea crisis, streamline global supply chains, and reduce shipping costs for traders. However, Trump's threat for reciprocal tariffs on Indian goods may have an impact on the country's outbound shipments, as additional duties affect exporters' competitiveness. The European Union's green regulations, including the Carbon Border Adjustment Mechanism (CBAM) and deforestation

Hyatt in exclusive talks with Playa Hotels on options, including buyout

Playa, which runs 24 high-end, all-inclusive resorts across Mexico, said its board has been evaluating opportunities and has engaged with a number of potential counterparties

Mexico City to boost mobility, security ahead of 2026 FIFA World Cup

The city's proposed mobility budget, which includes initiatives to make it easier for fans to enter and exit the iconic Azteca stadium, will increase to nearly 7 billion pesos

US lawmakers propose bills targeting China's role in fentanyl crisis

According to the American authorities, China is the primary source of chemical precursors used by Mexican cartels to manufacture fentanyl

Mexico, Canada, Asean gained more from US-China trade war than India: GTRI

Mexico, Canada, and 10-nation Southeast Asian bloc ASEAN benefited more from the US-China trade war than India, economic think tank GTRI said in a report. It said that India has to strengthen its local supply chains and produce critical intermediates to reduce reliance on China, while improving cost efficiency and ease of doing business to enhance competitiveness of domestic industries and increase exports to the US. With Donald Trump again becoming the US President, the evolving trade landscape offers huge opportunities for the Indian industry as he is now planning new tariffs targeting Mexico, Canada, China, and others. The US-China trade war, initiated in 2018 under President Trump with tariffs targeting key sectors, has significantly reshaped global trade flows but failed to achieve its primary goals. "Key beneficiaries of the trade war included Mexico, Canada, and ASEAN nations, which collectively accounted for 57 per cent of the growth in US imports. India also emerged as a

Donald Trump picks CIA veteran Ron Johnson as US ambassador to Mexico

Ronald Johnson served as the ambassador to El Salvador from 2019 to 2021

If we are subsidising Canada, Mexico let them become a state of US: Trump

Observing the US is subsidising its two neighbours Canada and Mexico to the tune of USD 100 billion and USD 300 billion, respectively, incoming US President Donald Trump on Sunday said that if that is the case then these two countries better be a part of America. Trump, 78, has threatened to impose hefty tariffs on both Canada and Mexico if they don't stop the flow of illegal immigrants into the US through their territories. We're subsidising Canada to the tune of over USD 100 billion a year. We're subsidising Mexico for almost USD 300 billion. We shouldn't be subsidising. Why are we subsidising these countries? If we're going to subsidise them, let them become a state (of the US), Trump told NBC News in an interview, his first on a Sunday talk show after winning the November 5 presidential elections. We're subsidising Mexico, we're subsidising Canada, and we're subsidising many countries all over the world. All I want to do is have a level, fast, but fair playing field, he ...