Mexico's President Claudia Sheinbaum said on Monday that ‌Mexico is interested in reaching an ‌agreement, prior to completing the review of the U.S.-Mexico-Canada ​trade pact, regarding the exchange of steel, aluminum and automobiles, Reuters reported. Sheinbaum spoke at a morning press conference as U.S. Trade Representative Jamieson Greer ‌visits Mexico for ⁠talks. "Obviously, we care a great deal about steel, aluminum, and automobiles," Sheinbaum ⁠said.
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The Trump administration will try to resolve as many problems with the ​U.S.-Mexico-Canada trade agreement as it can before July 1, ‌but negotiations to rebalance the trade pact are likely to continue past that deadline, U.S. Trade Representative Jamieson Greer said on Tuesday, Reuters reported. Greer told an event ​at the Hudson Institute that the U.S. may need to ​take steps to exit the North American trade pact in ⁠order to continue the talks.
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Mexico’s nationwide trucker and farmer strike stretched into a second day Tuesday, with ongoing highway blockades, mounting congestion around Mexico City and continued disruptions to key freight corridors across the country, Freight Waves reported. What began Monday as a coordinated protest across at least 20 states has evolved into a prolonged logistics disruption, with some transport groups signaling the strike could continue until the federal government delivers concrete security and cost relief measures.
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The Mexican government announced measures on Thursday to support the country's motor transport ​industry, especially manufacturers and owners ​of heavy vehicles, Reuters reported. The program includes tax ⁠incentives for local producers and ​also seeks to protect and promote ​Mexico's motor transport industry against imports, Economy Minister Marcelo Ebrard told a press conference. "It ​has an initial budget of ​2 billion pesos ($112.41 million) in tax deductions and ‌250 ⁠million pesos in direct investment," he added.
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Billionaire Ricardo Salinas Pliego’s broadcaster TV Azteca filed to initiate Mexican bankruptcy proceedings on Thursday, according to a spokesperson, as the company seeks to bring a battle with creditors over $400 million of defaulted bonds to Mexico, Bloomberg News reported. TV Azteca, known for producing soap operas and reality shows, filed for voluntary bankruptcy protection before a Mexican court to help reorganize its liabilities and strengthen its financial structure, Grupo Salinas spokesperson Luciano Pascoe said.
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Canadian and Mexican officials on Thursday reaffirmed the importance of ​maintaining the trilateral free trade agreement between their ‌countries and the U.S., amid signals from Washington it could be interested in bilateral deals, Reuters reported. Canada's ambassador to Mexico Cameron MacKay ​and Mexican deputy trade secretary Luis Rosendo Gutierrez ​both told a conference in Mexico City that ⁠maintaining the trilateral U.S.-Mexico-Canada agreement was a priority for ​their nations. The meetings follow an announcement by U.S.
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Mexico remained the United States’ largest trading partner for the third consecutive year in 2025, with two-way commerce reaching a record $872.83 billion, Freight Waves reported. Trade between the two countries increased 3.9% year over year, rising from $840 billion in 2024 to $872.83 billion in 2025, according to a WorldCity analysis of the latest U.S. Census Bureau data. It marks the highest annual trade total the U.S. has ever recorded with any nation for the second consecutive year. Canada ranked second among U.S.
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The Bank of Mexico increased its forecast for economic growth this year following a better-than-expected performance in the fourth quarter of 2025, the Wall Street Journal reported. In its quarterly economic report Thursday, the central bank said it expects gross domestic product to expand 1.6% in 2026, up from its previous estimate of 1.1%. The bank left its GDP forecast at 2.0% for 2027. The central bank said it still sees moderately faster growth, although from a higher base than previously estimated.
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Mexican broadcaster TV Azteca, which is controlled by Mexican business magnate Ricardo Salinas Pliego, said on Thursday that shareholders had approved a voluntary bankruptcy process for restructuring the company's finances and liabilities, Reuters reported. TV Azteca said that the decision to initiate the bankruptcy process was based on the impact of license payments to the government in 2018, the COVID‑19 pandemic, a "complex negotiation" with international creditors and the recent payment of years of owed taxes to Mexican authorities.
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