Mexico faces more trade tariff tensions
In the latest round of Donald Trump’s “musical tariffs,” the U.S. president announced that he will impose a 30-percent tariff on Mexico, effective August 1.
In the latest round of Donald Trump’s “musical tariffs,” the U.S. president announced that he will impose a 30-percent tariff on Mexico, effective August 1.
Mexican President Claudia Sheinbaum has vowed to file a defamation lawsuit against Jeffrey Lichtman, the attorney representing Ovidio Guzmán López, the son of imprisoned drug kingpin Joaquín “El Chapo” Guzmán. Lichtman’s client pleaded guilty last week in U.S. District Court in Chicago to federal drug charges.
Donald Trump can at least claim one victory in his ongoing trade war with China.
Chinese electric vehicle giant BYD recently announced its decision to abandon plans to build an assembly plant in Mexico, much to the disappointment of Jalisco.
Houston-based Transition Industries LLC has signed a major contract to build the Pacífico Mexinol project, a state-of-the-art chemical plant in Topolobampo, Sinaloa. The plant, set to begin operations in 2029, will produce ultra-low-carbon chemicals, including green and blue methanol.
President Claudia Sheinbaum strongly condemned the “xenophobic slogans and violent acts” that unfolded during an anti-gentrification demonstration held in Mexico City (CDMX) this past weekend. The protest, which opposed the gentrification of neighborhoods such as Roma and Condesa — areas where many foreigners have settled — was the largest of its kind ever held in the capital.
The Federal Highways and Bridges Agency (Capufe) has announced plans to gradually eliminate cash payments at toll booths on cuota highways throughout the country.
This initiative is part of a broader strategy to streamline traffic, improve collection efficiency, and modernize the user experience.
Geologists from the National Autonomous University of Mexico (UNAM) have warned that the sinking of Mexico City (CDMX) could lead to uninhabitable zones within the next decade.