Mexico News Updates

GovernmentBusiness

GSA Completes Major Border Facility Project

The General Services Administration recently completed a 10-year construction project at the San Ysidro Land Port of Entry, a bustling border crossing facility that links San Diego County and Tijuana, Mexico.

December 20, 2019
GovernmentBusiness

Democrats See USMCA Deal Near, Urge Mexico to Accept Compromise

House Democrats said Dec. 4 that a deal on the stalled U.S.-Mexico-Canada free-trade agreement is within reach and urged Mexico to accept a compromise on labor-rights enforcement.

December 4, 2019
GovernmentBusiness

Mexico Unveils $44 Billion Infrastructure Plan to Boost GDP

Mexico President Andres Manuel Lopez Obrador announced an infrastructure plan worth 859 billion pesos ($44 billion) that includes highways, railways, ports and airports as well as investments in telecommunications, with most of the capital coming from the private sector.

November 26, 2019
GovernmentBusinessTechnologyFuel

Hacker Seeks About $5 Million Ransom From Pemex by Nov. 30

The hacker behind a cyberattack that has crippled Petroleos Mexicanos’ computer systems since the weekend is hoping to squeeze about $5 million out of the company and appears to have set a deadline of Nov. 30.

November 13, 2019
GovernmentBusinessFuel

Pemex Reduces Fuel Imports After Theft Crackdown

Petroleos Mexicanos imported less gasoline and diesel in the second quarter as its refineries produced more fuel and the government cracked down on fuel theft.

October 23, 2019
GovernmentBusinessFuelLogistics

US Exporters Rely on Trucks to Meet Mexico’s Fuel Demand

U.S. exporters are increasingly relying on trucks to get fuel into Mexico as the country’s gasoline production sags and infrastructure constraints limit shipments from one coast to the other.

September 17, 2019
GovernmentBusiness

Mexico’s Senate Ratifies USMCA Amid Trump Tariff Cease-Fire

Mexico’s Senate ratified a North American trade deal with the U.S. and Canada, becoming the first to do so amid a truce reached with President Donald Trump over an unrelated tariff threat.

June 19, 2019
GovernmentBusiness

Democrats Hold Out on USMCA as Trump Walks Back Mexico Tariffs

President Donald Trump’s decision not to impose tariffs on Mexico removed one obstacle for Congress to approve his North American trade deal, but his administration has more work to do to smooth the final stages of the accord’s ratification.

June 10, 2019
GovernmentBusinessLogistics

Trump Says He'll Drop Mexico Tariff as Deal Reached on Migrants

President Donald Trump said he would drop plans for tariffs on Mexico that he’d been threatening to impose for the past week after the country promised new steps to stem an influx of illegal migration into the U.S.

June 7, 2019
GovernmentBusinessLogistics

Trump Sees ‘Good Chance’ of Deal With Mexico to Avert Tariffs

President Donald Trump said there’s a “good chance†the United States will reach agreement to avert imposing trade tariffs on Mexico slated to take effect June 10, and that the deal would require the country to buy more U.S. agricultural products.

June 7, 2019