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MercoPress, en Español

Montevideo, May 6th 2024 - 23:54 UTC

Tag: Mexico

  • Wednesday, April 18th 2018 - 08:51 UTC

    NAFTA round of negotiations expected to resume this week

    Guajardo said that if the US imposed steel tariffs, Mexico might seek to mirror the move against some countries to prevent them from using Mexico to elude the duties.

    The ministers leading the renegotiation of the North American Free Trade Agreement (NAFTA) could meet again on Thursday in Washington as they push for quick progress, Mexican Economy Minister Ildefonso Guajardo advanced. Guajardo said he had spoken to Canadian Foreign Minister Chrystia Freeland on Monday and would talk to U.S. Trade Representative Robert Lighthizer to see about agreeing a trilateral meeting in Washington on Thursday.

  • Thursday, March 8th 2018 - 09:39 UTC

    Trump ready to sign metals' tariffs on Thursday; Mexico and Canada could be spared; Republicans object

    “We expect the president will sign something this week, and there are potential carve-outs for Mexico and Canada” press secretary Sarah Huckabee Sanders said

    Some countries are now likely to be spared from planned tariffs on metals advocated by U.S. President Donald Trump. White House sources said Trump's controversial tariff plan could be put into action at a signing ceremony on Thursday afternoon.

  • Tuesday, March 6th 2018 - 10:00 UTC

    Trump speaks openly of a “trade war”; links tariffs on steel and aluminum to a redrafted Nafta

    “For many years, NAFTA has been a disaster,” Trump said. “We are renegotiating NAFTA as I said I would, and if we don’t make a deal I will terminate NAFTA”

    U.S. President Donald Trump said on Monday the U.S. is not backing down on its decision to impose 25% tariffs on steel imports and 10% tariffs on imported aluminum products. Before a White House meeting with Israeli Prime Minister Benjamin Netanyahu, Trump suggested Mexico and Canada could be exempted from the planned tariffs if a new and “fair” North American Free Trade Agreement (NAFTA) is reached.

  • Wednesday, February 28th 2018 - 09:20 UTC

    Pemex loss of US$ 18bn in fourth quarter; blames weaker Peso and declining oil fields

    Pemex lost 151 billion pesos during the fourth quarter due to a weaker peso, the company said, which depreciated 8% against the U.S. dollar.

    Mexican state-owned oil company Pemex reported a nearly US$18 billion fourth-quarter loss on Monday after both crude output and processing slid, though the company said refining levels should rebound as major maintenance plans are completed. The company posted a 352.3bn (US$17.9bn) peso loss for the last quarter of 2017, blaming a weaker peso exchange rate and higher financing costs for its performance, according to a filing with the Mexican stock exchange.

  • Friday, February 23rd 2018 - 09:21 UTC

    Mexico buying more Brazilian corn over concern with NAFTA negotiations

    Mexican buyers imported a total of more than 583,000 metric tons of Brazilian corn last year – a 970% jump over 2016, shows data from Mexico’s SIAPm Mexico’s SIAP

    Mexican buyers imported ten times more corn from Brazil last year amid concern that NAFTA renegotiations could disrupt their U.S. supplies, according to government data and top grains merchants. Mexico is on track to buy more Brazilian corn in 2018, which would hurt a U.S. agricultural sector already struggling with low grains prices and the rising competitive threat from South America.

  • Monday, February 19th 2018 - 08:13 UTC

    Mexico presidential race down to three names: Lopez Obrador, Anaya and Meade

    The candidate to beat is Andres Manuel Lopez Obrador, AMLO, a fiery leftist who has tried to present a mellower image this time around

    The campaign for Mexico's Jul 1 presidential election began in earnest on Sunday (Feb 18) as the country's top parties officially nominated their candidates, with all three front-runners trying to sell a message of change.

  • Thursday, February 8th 2018 - 09:11 UTC

    With NAFTA on the cliff, Mexico betting strongly to update free trade agreement with Europe

    Mexican negotiators are in Brussels this week, with the two sides due to reconvene next week in Mexico.

    Mexico believes it can conclude a new free-trade agreement with the European Union before the end of February, Mexican officials have said. The EU and Mexico intend to update a trade deal agreed 21 years ago that largely covers industrial goods. They want to add farm products, more services, investment and government procurement, and include provisions on labor standards and environmental protection.

  • Saturday, February 3rd 2018 - 10:47 UTC

    Tillerson praises 'enormous' value of Mexican immigration, but admits US needs 'good discipline'

    “Let's make sure we have systems in place where we understand who's coming into the country,” Tillerson said. Immigration in U.S. has “gotten out of normal order”

    United States Secretary of State Rex Tillerson said in Mexico on Friday that immigrants bring “enormous value” to the U.S., but added the U.S. government lacks “good discipline” in regulating who enters the country to live. After meeting in Mexico City with Mexican Foreign Secretary Luis Videgaray and Canadian Foreign Minister Chrystia Freeland, Tillerson told reporters the U.S. has put “many mechanisms in place” over the years to control immigration, but has “never gone back to clean this up.”c

  • Saturday, February 3rd 2018 - 10:42 UTC

    US warns Mexico to pay attention to Russian meddling in the July elections

    Speaking in Mexico City, Tillerson said European counterparts had noticed that Russia had had its fingerprints on a number of elections.

    US Secretary of State Rex Tillerson warned Mexico on Friday to pay attention to Russian meddling in elections around the world, following comments from another US official that there were signs of such interference in the country's presidential race.

  • Thursday, February 1st 2018 - 21:53 UTC

    Trump presses: Bipartisan efforts stalled in Bargain on Immigration

    Trump admitted that Democrats are “talking a good game” but they are not productive with DACA caring more about politics than actually resolving the matter.

    After the night of Trump’s State of Union address, bipartisan clashes continue since President Donald Trump turned on the pressure on Democrats on Thursday to come to an agreement on protection for the undocumented immigrants brought to the country illegally as children.