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ECONOMICS

November, 2019

  • 8 November

    Mexico’s Tax Reform 2020: More revenue and less fraud?

    By: Fidel Gastelum, Reporter The new revenue law of 2020 was passed last October by the Mexican Congress and the Senate of the Republic. This new legal provision will enter into force next year in January, amid collective uncertainty, and an atmosphere of controversy between large companies and business chambers, …

September, 2019

August, 2019

July, 2019

  • 14 July

    Creation of formal employment collapses 88%, shocking figure in Summer 2019

    By: Dr. Alejandro Díaz-Bautista, Economist (PhD) The economic slowdown and business uncertainty impact the creation of jobs. The Mexican Social Security Institute (IMSS) reported that during May 2019 3,983 formal jobs were created, a fall of 88.2 percent, compared to the same month in 2018. The creation of jobs during …

June, 2019

  • 24 June

    The USMCA could enter into force in 2020: Díaz-Bautista

    By: Dr. Alejandro Díaz-Bautista, Economist The Senate Plenary in Mexico approves the USMCA; it goes to the Executive. The commercial treaty document, approved with 114 votes in favor before 4 against and 3 abstentions, will pass to the Executive for publication in the Official Gazette of the Federation and subsequent …

  • 14 June

    Mexico will ratify the T-MEC or USMCA trade agreement in the following days

    By: Dr. Alejandro Díaz-Bautista, Economist (Ph.D.) Amid the growing tensions of the tariff threat of US President Donald Trump, Mexican President Andrés Manuel López Obrador has reaffirmed his support for the new T-MEC agreement or USMCA. The prospects in the Mexican Congress are good, given the support of López Obrador, …

May, 2019

  • 24 May

    United States Lifts Steel and Aluminum Tariffs

    By: Dr. Alejandro Díaz-Bautista, Economist (PhD) The United States removes steel and aluminum tariffs, so the road to the T-MEC or USMCA continues in 2019. The United States, Mexico and Canada agree to eliminate tariffs on steel and aluminum. Canadian Prime Minister Justin Trudeau celebrated the agreement and said that …

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