Category: Agreements

Mexico’s Higher Costs Under USMCA May Potentially Offset Gains from China-Related Trade Spurt with U.S.

By Daniel Chiquiar, Jesus Cañas, Armando Aguirre and Alfonso Cebreros, Dallas Fed Arecent easing of global trade tensions has not come without critical change involving two of the US’ largest trade partners: Mexico and...

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USMCA will simplify commercial transactions

CIUDAD JUAREZ – Once the commercial treaty between the United States, Mexico and Canada (USMCA) comes into force, any commercial document may guarantee the purchase of merchandise, as long as it contains minimum data identifying the...

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US$300 MM from USMCA to Clean-up Tijuana River Valley

TIJUANA – Local elected officials in the San Diego region recently announced that $300 million in federal funding from the just signed United States-Mexico-Canada Agreement will be used to “aggressively” clean-up water pollution in the Tijuana...

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The Ministry of Economy of Mexico published a transition regime for USMCA rules of origin

MEXICO – Automotive companies that do not have the capacity to comply with the new rules of origin of the Treaty between Mexico, United States and Canada (USMCA), will be able to join a transitional regime for a limited period of time The...

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Utah Sends Employees to Tijuana for Medication

TIJUANA – Utah has paid 10 public employees $500 each to travel to Tijuana to pick up expensive prescription medications, saving the state $225,000 on drugs bought in Mexico The state’s RX Tourism program was an idea launched by Utah health...

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Chihuahua EDC, the New Way to Promote the State

CHIHUAHUA – The Secretariat of Innovation and Economic Development (SIDE) and 26 founding partners legally formed the Chihuahua Economic Development Promoter, “Chihuahua EDC”, to consolidate a strategic and systematized vision for attracting...

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Baja California approved tax on transportation apps and delivery services

BAJA CALIFORNIA – Deputies of the Congress of Baja California approved a bill to tax the services of private transportation and shipment of goods With this measure, mobile applications that offer private transport services for people and goods...

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Lear donates face masks in Ciudad Juárez

CIUDAD JUAREZ – The automotive manufacturer, Lear Corporation, donated 5,000 face masks distributed in different hospitals in Ciudad Juarez in order to support the health personnel dedicated to treat Covid-19 patients The donated mouth guards...

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USMCA will enter into force in July

US – US trade representative, Robert Lighthizer, said the new trade agreement between the United States, Mexico and Canada (USMCA); will enter into force on July 1st, one month later than initially proposed Lighthizer said both Mexico and...

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Tijuana’s CETYS wants to be first Mexican NCAA member

The National Collegiate Athletic Association (NCAA) has overwhelmingly agreed to allow Mexican colleges and universities to apply for Division II membership The private CETYS University in Tijuana is angling to be the NCAA’s first Mexican...

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