Long delays at the U.S.-Mexico border crossing for goods destined for American plants and consumers are hitting the U.S. auto industry, and the gridlock reduced by half the number of northbound trucks that crossed the entry point last week.
President Donald Trump flew on Friday to visit newly built fencing on the Mexican border, even as he retreated from a threat to shut the frontier over what he says is an out-of-control influx of migrants and drugs.
The Mexican president has sent a letter to Spain's King Felipe VI and Pope Francis urging them to apologize for human rights abuses committed during the conquest of the region. Andrés Manuel López Obrador said the indigenous peoples of Mexico had been the victims of massacres.
Mexico’s government said it had reached an agreement with Brazil on the free trade of light vehicles, subject to a 40% regional content requirement, paving the way for more open commerce between Latin America’s two biggest economies.
President Donald Trump is escalating his pressure on General Motors, as he calls for the company to reopen an Ohio manufacturing plant.
Mexican president Andres Manuel Lopez Obrador said that there are no signs of an impending recession despite slow economic growth, adding that his flagship infrastructure projects are on track.
Rating agency Standard & Poor’s (S&P) slashed the credit rating for Mexico’s national oil company Petroleos Mexicanos, or Pemex, piling more pressure on the government to tighten up the debt-laden oil firm’s finances.
The United States targeted Venezuela's government with new sanctions on Monday and called on allies to freeze the assets of its state-owned oil company PDVSA after deadly violence blocked aid from reaching the crisis-hit country during the weekend.
Cheers echoed through Mexico City’s Roma district when the eponymous film by Alfonso Cuaron won three Oscars on Sunday, but revelers let out a disappointed sigh when best actress didn’t go to the indigenous star of the ode to 1970s life in the capital. In a payback for Cuaron’s black-and-white tribute to growing up among 1970s Roma’s handsome villas and apartment blocks, city officials set up giant screens in a park to watch the live broadcast from Los Angeles.
Sixteen US states sued President Donald Trump's administration on Monday over his decision to declare a national emergency to fund a wall on the southern border with Mexico, saying the move violated the constitution. The lawsuit, filed in a federal court in California, said the president's order was contrary to the Presentment Clause that outlines legislative procedures and the Appropriations Clause, which defines Congress as the final arbiter of public funds.