No, these aren’t trendy tech startups or flashy new cryptocurrencies. They’re Chinese automakers rapidly gaining traction in Mexico’s car market. The deals with the regional sports networks are for multiple years, and in line with moves Comcast/Xfinity has made in approximately 30 other markets.
Chinese companies looked to Mexico more than most. Their investment in the country has surged. Mr Trump (who has already threatened to apply a tariff of 25% to Mexican imports “on day one” unless it stops migrants and drugs from illegally crossing the border) believes those firms are using Mexico as a tariff-free gateway to the United States.
The three countries under threat of new or increased tariffs by President-elect Donald Trump have not reacted kindly to the bad news.
The Biden administration repatriated more than 500 Chinese nationals in the last year, laying the groundwork for systematic deportations across the Pacific Ocean. On Friday, a large-scale deportation flight landed in China,
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that
Victory in the U.S.-China trade war will go to the side that is best at persuading other countries that its version of globalization is the most attractive. The post Trump Has Lost the Plot on the U.S.
Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.
US President-elect Donald Trump set out some of the major policies he wants to implement over the next four years during a press conference held on January 7. While addressing Washington DC's future foreign policy and how he will tackle immigration, Mr Trump said he is planning to rename the Gulf of Mexico.
MEXICO CITY - Mexico's tax authority SAT issued new tariffs on Tuesday, which it said will strengthen the surveillance of goods from Asia, a measure that could impact popular online retailers like Shein and Temu.
China countered U.S. President-elect Donald Trump’s claims about the Panama Canal. Brazilian labor authorities uncovered “slavery-like conditions” at a construction site for Chinese
Mexico’s new tariffs on apparel and courier goods aim to protect domestic industries, tighten trade accountability, and reshape its role in global supply chains while challenging nearshoring strategies.
In 2018 United States President Donald Trump started a trade war with China. Mexico benefited; companies seeking to avoid tariffs by diversifying production out of China saw the country as a good ...