What is the difference between NAFTA & USMCA?
In 2018, the United States, Canada and Mexico worked together to develop a new, more progressive solution for NAFTA. Due to the significant changes made to the 25-year-old agreement, [...]
The Top Industries in Mexico Who Have Benefited from NAFTA
Back in the 1980s, Mexico proposed the idea of forming a free trade agreement (FTA) with the United States and Canada. The country’s main goal was to promote economic [...]
What Changed from NAFTA to USMCA?
Updated for relevancy: October 3, 2024 The landmark United States-Mexico-Canada Agreement (USMCA) took effect on July 1st, 2020. Having been ratified by all three nations, the USMCA replaced the [...]
Benefits of NAFTA: How NAFTA Has Elevated Mexico’s Economic Health and Status
Since the U.S., Mexico, and Canada agreed upon the new USMCA economic treaty in early 2020, NAFTA has been in the news again. USMCA, in effect, replaces the former [...]
NAFTA 2.0: USMCA Changes to Manufacturing in Mexico
This content has been updated for accuracy and relevancy on February 26th, 2020. What is the United States Mexico Canada Agreement (USMCA)? One of President Donald Trump’s focal points during [...]
The Impact Of NAFTA & Mexico Trade Avenues | NAPS
Manufacturing has long been a strong industry in Mexico. However, the benefits of Mexico manufacturing and their facilities have been unavailable to consumers in the United States. This situation [...]
Mexico Aims For NAFTA-Style Growth Boost From Energy Reform
Manufacturing in Mexico set to show growth due to profitable sector reform; government looking to significantly improve its ranking amongst competitors. Mexico manufacturing has become involved in discussions regarding [...]
NAFTA’s Mission, Logistics and Outcomes: Two Decades of Success!
Mexico Maquiladoras The maquiladoras (IMMEX Program) in Mexico are manufacturing plants in free trade zones. Mexico manufacturing is impacted by maquiladoras in that maquiladoras are mostly tariff-free and domestically tax-exempt assembly, processing and [...]
NAFTA Commission Meeting in Washington Issues Statement for Continued Cooperation
The NAFTA Commission Meeting held on April 3rd in Washington DC issued a joint statement that outlines continued cooperation of Canada, the U.S. and Mexico to increase economic competitiveness [...]
The Pivotal Role of Mexico Manufacturing in Aerospace
Mexico's manufacturing landscape has seen remarkable transformation over the years, with the aerospace industry emerging as one of the standout sectors driving this change. As global aerospace giants seek [...]
How Globalization of Mexico is Shaping the Manufacturing Sector
Mexico's manufacturing sector is increasingly influenced by global trends and economic shifts, positioning the country as a key hub in the international trade landscape. This growth is propelled by [...]
Manufacturing Outsourcing in Mexico: Strategies for Business Success
In an increasingly competitive global market, outsourcing has become a vital strategy for businesses looking to reduce costs, improve efficiency, and maintain a competitive edge. Mexico has emerged as [...]
