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Business Mexico

  • Trump: I don't blame Mexico government for taking advantage of US

    At his first press conference since Election Day, President-elect Donald Trump answers questions about his proposed border wall between the United States and Mexico.

  • A Union Pacific employee closes the entry door on a rail car at the company's facility at the Port of Oakland in Oakland, California.

    "It's virtually impossible to unwind what's been created to this point," says Union Pacific chief Lance Fritz.

  • MEXICO CITY, Jan 10- Mexico's oil company, Pemex, is struggling to supply gas stations around the northern border city of Mexicali because of a blockade at a storage site, part of sometimes violent protests and looting over a gasoline price hike. In a post on Twitter on Tuesday afternoon, Pemex said its ability to supply gas stations in Mexicali, across the border...

  • MEXICO CITY, Jan 10- Mexico's oil company, Pemex, is struggling to supply gas stations around the northern border city of Mexicali because of a blockade at a storage site, part of sometimes violent protests and looting over a gasoline price hike. In a post on Twitter on Tuesday afternoon, Pemex said its ability to supply gas stations in Mexicali, across the border...

  • MEXICO CITY, Jan 10- Mexico's oil company, Pemex, is struggling to supply gas stations around the northern border city of Mexicali because of a blockade at a storage site, part of a wave of sometimes violent protests and looting over a gasoline price hike. In a post on its Twitter page, Pemex said its ability to supply gas stations in Mexicali, just across the border...

  • MEXICO CITY, Jan 10- Mexico's peso slumped to a new low against the dollar on Tuesday, fueled by concern about the policies of U.S. The depreciation has accelerated in the first few days of 2017 after Trump told major automakers last week to expect high taxes on vehicles made in Mexico that are sold in the United States as he attempts to bring back manufacturing jobs.

  • MEXICO CITY, Jan 10- Mexico's peso slumped to a new low against the dollar on Tuesday, fueled by concern about the policies of U.S. The depreciation has accelerated in the first few days of 2017 after Trump told major automakers last week to expect high taxes on vehicles made in Mexico that are sold in the United States as he attempts to bring back manufacturing jobs...

  • MEXICO CITY, Jan 10- Mexico's peso slumped to a new low against the dollar on Tuesday, fueled by concern about the policies of U.S. The depreciation has accelerated in the first few days of 2017 after Trump told major automakers last week to expect high taxes on vehicles made in Mexico that are sold in the United States as he attempts to bring back manufacturing jobs...

  • MEXICO CITY, Jan 10- Mexico's peso fell more than 1 percent against the dollar on Tuesday to set a record low of 21.63 per dollar, and the chief of the Organisation for Economic Co-operation and Development said further depreciation was "almost inevitable." "It's foreseeable, I'd say almost inevitable that it keeps on depreciating," OECD Secretary General Jose...

  • MEXICO CITY, Jan 10- Mexico's new Foreign Minister Luis Videgaray said on Tuesday there is no way his country will pay for the wall that U.S. The wall has been a bone of contention between Trump and Mexico since the businessman launched his presidential campaign in June 2015, accusing Mexico of sending rapists and drug dealers across the border into the United...

  • President-elect Donald Trump's administration may create uncertainty and risks for Mexico as businesses delay investment decisions.

  • Trump triggers uncertainty for Mexico: Verisk Maplecroft

    Verisk Maplecroft Head of Americas Jimena Blanco talks about the current relationship between the U.S.’s President-elect and Mexico, while commenting on Mexican assets.

  • Ford Mustangs go through assembly at the Ford Flat Rock Assembly Plant August 20, 2015 in Flat Rock, Michigan.

    Carmakers used the Detroit Auto Show to talk up their U.S. production, likely reacting to Trump’s all-hours tweets, an analyst said Tuesday.

  • US auto manufacturing experiencing uncertainty: Expert

    It remains to be seen what Trump does to improve auto manufacturing, says Karl Brauer at Kelley Blue Book.

  • Bayerische Motoren Werke AG (BMW) vehicles move down the assembly line at the BMW Manufacturing Co. assembly plant.

    "BMW is a global company & our new plant now under construction in San Luis Potosi is part of our expanding global production network" BMW Group said.

  • Donald Trump

    President-elect Donald Trump is reviving arguments about the wall he proposed for the nation's border with Mexico.

  • MEXICO CITY, Jan 7- Mexicans angry over a spike in gasoline prices took to the streets of Mexico City on Saturday after days of protests spurred looting in hundreds of stores, resulting in over a thousand arrests in Latin America's second-largest economy. Mexico's government hiked gasoline costs by 14 to 20 percent earlier this month, fueling outrage among...

  • MEXICO CITY, Jan 7- Mexicans angry over a spike in gasoline prices took to the streets of Mexico City on Saturday after days of protests spurred looting in hundreds of stores, resulting in over a thousand arrests in Latin America's second-largest economy. Mexico's government hiked gasoline costs by 14 to 20 percent earlier this month, fueling outrage among...

  • SAN LUIS POTOSI, Mexico, Jan 6- Ford Motor Co's abrupt move to scrap a planned $1.6 billion car plant in central Mexico has spooked a network of suppliers who bet on a growing customer base and dramatized the risk that Donald Trump's agenda poses to the country's broader economy. Many auto parts makers had started to expand in anticipation of Ford's plant in the...

  • Trump told the New York Times he would most likely seek repayment through renegotiation of the North American Free Trade Agreement, which groups the United States, Mexico and Canada. Trump's promise to build a wall on the U.S.- Mexico border, and make Mexico pay for it, was a major campaign theme and helped energize his supporters. Republican Representative Luke...