By: Dr. Alejandro Díaz-Bautista, economist (PhD). Trump’s next 5 months could reshape international trade in the coming years. The positive economic effects in favor of economic growth in North America in case of approving the USMCA are not generally known despite the fact that we are talking about a tariff …
August, 2019
July, 2019
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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
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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 …
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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
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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 …
April, 2019
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7 April
Trump threatens tariffs and closing the border in 2020
By: Dr. Alejandro Díaz-Bautista, Economist. (PhD) President Trump threatens tariffs and could close the border in 2020 if Mexico does not stop the flow of drugs and migrants in 2019. With “Baby Trump” they protested on Friday at Calexico. Trump gives Mexico a warning to stop the migrants and the …
January, 2019
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20 January
Binational Economic Hub
By: Xavier Rivas For the astronaut José Hernández who among his clients at Tierra y Luna Engineering Company are Boeing and NASA, the new concept that, at the initiative of Mayor Santos González Yescas of San Luis Río Colorado, Sonora, has woven with the acceptance of Imperial County California and …
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7 January
GOVERNOR FRANCISCO VEGA RECEIVES SUPPORT FROM THE PRESIDENT OF THE REPUBLIC TO WORK FOR THE BENEFIT OF B.C.
Lead the Presentation of the “Free Zone of the Northern Border” Program TIJUANA, B.C.- Sunday, January 6, 2019.- The Governor of the State of Baja California, Francisco Vega de Lamadrid, received the backing and support of the President of the Republic, Andrés Manuel López Obrador, to work jointly with the …
December, 2018
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23 December
Mexico, the United States and Canada sign the new T-MEC trade agreement (USMCA)
By: Dr. Alejandro Díaz-Bautista, economist (PhD) The leaders of the United States, Canada and Mexico met in the framework of the G20 summit in Argentina to sign the new trade agreement between the three countries that will replace the North American Free Trade Agreement (NAFTA). “Mexico, the United States and …
November, 2018
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1 November
The Dollar Exceeds 20 Pesos after the Cancellation of the New Airport
By: Dr. Alejandro Díaz-Bautista, Economist (PhD) The dollar closes above 20 pesos; and the Mexican Stock Exchange falls 4.2%, its biggest drop since November 2016. The rating agency Moody’s downgraded the bonds of the New Mexico International Airport to Baa3 and placed them in a negative perspective after the president-elect …
