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, [...]
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, [...]
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 [...]
The landmark United States-Mexico-Canada Agreement (USMCA) has come into effect as of July 1st, 2020. Having been ratified by all three nations, the USMCA replaced the former North [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
As the world of global manufacturing evolves, companies are continuously evaluating alternative locations beyond their own borders where they can optimize their production strategies. Mexico and China are often [...]
For 2024, manufacturing outsourcing in Mexico continues to be an attractive option for companies looking to leverage skilled labor and proximity to the United States along with overall lower [...]
The Benefits of the Shift from Manufacturing In China In a world that is grappling with economic uncertainties, trade tensions, and the complicated aftermath of a global [...]