By attacking the North American Free Trade Agreement, promising a U.S.-Mexico border wall and embracing protectionist policies, President Trump has managed to dent Mexico’s auto industry over the last year. But the damage is far less than what some economic analysts on both sides of the border feared, leaving Mexican trade negotiators holding a stronger […]
Mexico is one of the most competitive countries for investments at an international level thanks to its political and macroeconomic stability, size, and strength of its internal market, and unfluctuating inflation. However, doing business can be a time-absorbing task, which is why having local knowledge as part of the venture is crucial. To make […]
The corporate community in the US, Canada, and Mexico is finally waking up from a long period of denial over the future of the North American Free Trade Agreement (NAFTA). In the fall of 2016, when politicians talked of renegotiating NAFTA, most business leaders dismissed it as campaign rhetoric. Six months ago, the common response […]
The bancomext (Bancomext), held the Seminar on Innovation and Technological Development to Promote Competitiveness, which, distinguished authorities and experts from the Latin American region participated. The aim was to exchange experiences that enrich and derive a knowledge to better cope with the demands and challenges of the global environment. Francisco N. González Díaz, […]
Imagine the scene: The U.S. unemployment rate is climbing. Crops in the heartland are rotting. Manufacturers are moving abroad. Consumer prices are rising. That’s the picture painted by Tom Donohue, President and CEO of the U.S. Chamber of Commerce, in his recent column in The Wall Street Journal examining the increasingly precarious state of play in the […]
Donald Trump is threatening again to terminate the North American Free Trade Agreement if Canada and Mexico don’t agree to his ultimatums. If this is a negotiating tactic of making extreme demands only to settle for much less and claim victory, maybe it will work. Otherwise Mr. Trump is playing a game of chicken he […]