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Entries in mexico (12)

Thursday
Nov162017

Terminating NAFTA Would Devastate American Agriculture: The View of a Wheat Farmer

U.S. Chamber of Commerce

November 16, 2017

On average 50% of wheat grown in the United States is exported around the world, making trade a vital market to myself and fellow wheat growers. Our main message in North American Free Trade Agreement (NAFTA) re-negotiations is “Do no harm.”

NAFTA is one of our most important trade agreements. Just last year alone, Mexico was our largest export market with about three million metric tons of wheat and is consistently in the top ten. Prior to NAFTA, U.S. wheat was subject to high tariffs and other trade barriers in Mexico. With zero duties and lifted tariffs, exports to Mexico increased by 400% ten years after implementation of NAFTA, compared to ten years prior to NAFTA.  

While we hope calls for withdraw are just rhetoric, we are taking this threat very seriously. In fact, threats alone have already hurt U.S. wheat. When it comes to commodities, if a customer is unsure of the reliability of their source, they will look to our competitors. Mexico has done just that after a trade mission to Argentina and Brazil in May which led to Mexican millers purchasing Argentina wheat. The first shipment purchased by eight companies will be made in late December and will be 30,000 metric tons of wheat as a trial.

Monday
Sep112017

NAFTA's Impact On Cattle, Protein Trade

CattleFax

September 11, 2017

Trade representatives of the United States, Mexico and Canada declared “progress” but unveiled no breakthroughs at the most recent second round of talks to revise the North American Free Trade Agreement (NAFTA). Warnings have been expressed from U.S. agricultural producer organizations about the harm that would come from blowing up the decades-old trade arrangement.

When it comes to cattle imported into the U.S. from Mexico and Canada, combined is just over a million head per year, or about two weeks of cattle slaughter. When looking at all proteins -- beef, pork and poultry -- to stop all trade with Canada and Mexico would put 250 million pounds back on the U.S. market net. Yet it could have a significant impact on the market individually, such as poultry as we export significant amounts to Mexico.

The NAFTA talks are expected to last at least through the end of this year, with venues rotating among the three nations. The just-concluded five-day session in Mexico City followed an initial round last month in Washington.

 

Thursday
Aug172017

NAFTA Helps Small Business Manufacturers Grow

U.S. Chamber of Commerce

August 17, 2017 

Nearly two decades ago, Drew Greenblatt purchased a small manufacturing business in Baltimore, Maryland. Since then, he has nearly doubled the number of employees at Marlin Steel Wire Products. Over that same period, he doubled the firm’s sales. Then he doubled that. Then he doubled it again.

In large measure, Greenblatt’s success and Marlin Steel’s growth have been fueled by exporting the company’s wire baskets, wire forms and sheet metal products to customers abroad, with more than a quarter of the company’s revenue now stemming from international sales. Looking at it another way, seven of the Marlin Steel’s 29 workers’ jobs are directly tied to the company’s exports.

Greenblatt would like to see that number continue to grow.
From a business perspective, the foremost goal of U.S. trade policy should be to tear down barriers so companies like mine can start exporting to new markets … Free trade agreements have helped us accomplish this in the past and will help our business grow in the future.
No trade deal, Greenblatt adds, has been more critical to the company’s success than the North American Free Trade Agreement, commonly known as NAFTA.

Wednesday
Jul122017

Second International Bridge

Zocalo

July 12, 2017 

Acuna, Coah.- The mayor, Evaristo Lenin Pérez Rivera, reported that he will be accompanied by the mayor of Del Rio, Texas, Robert Garza, to the port of Mazatlán, to participate in the border crossing meeting, which is being convened by the Secretariat Of Public Relations, for the month of August. 
Acuña and Del Rio, Texas, will present the project for the authorization of the second international bridge, which will allow the South Texas and Coahuila state business competition to be depleted. 

He pointed out that they are being summoned by the Ministry of Foreign Affairs, as well as international organizations and various agencies of the federal government, to present the projects for the authorization of border crossings, where the mayor, Assured that the project of the second international bridge for Acuña will have to be presented, which has already approved the location by both cities, which was presented in Mexico City. 

He said that it will not touch the current administration to see the start of construction of the second international bridge, but, it is responsible for working on large projects, which give the municipality the opportunity of greater competitiveness, noting that it will correspond to the next administration , Work in the negotiations, so he assured that he will go to the city of Mazatlan, Sinaloa, to present a solid project, so that he does not lose track and thus avoid being out of budgets and resources Which are intended for the preparation of all technical projects, Seeking to integrate it into the binational Mexico-United States agenda. 

He said that fortunately on our border there is an increase in border crossings and said, that this is one of the arguments that must be justified so that in the next 5 years, can start with the construction of the second international bridge.

 

Tuesday
Apr252017

A reelection challenge (almost) as big as Texas

The Washington Post

April 25, 2017

Texas Rep. Will HurdTORNILLO, Tex. — Midterm elections are known to be brutal on the party in power, and if there is an anti-Republican wave in 2018, look for it to touch shore right here.

The vast, volatile 23rd Congressional District of Texas is bigger in area than 29 states. It stretches from San Antonio to El Paso and includes about one-third of the entire U.S.-Mexico border.

Its overwhelmingly Latino electorate last year went for Democrat Hillary Clinton in the presidential race. But it also reelected a Republican to the U.S. House — one of fewer than two dozen in the country to split that way.

Rep. Will Hurd narrowly won a second term in what turned out to be the most expensive House race in Texas history. Democrats have put Hurd’s seat in their top five targets in 2018. He will also be running to beat the fickle tendencies of a district that has ousted four different incumbents since 2006.

Read on...

Tuesday
Apr112017

NAFTA has staying power, especially if Texas supporters keep speaking out 

The Dallas Morning News

April 11, 2017

Geronimo Gutierrez Fernandez, Mexico Ambassador to U.S.In one of his first acts in Washington, President Donald Trump pulled the United States out of the Trans-Pacific Partnership, a controversial trade deal involving a dozen countries.

Unwinding the North American Free Trade Agreement with Mexico and Canada would be much tougher, even if Trump wants to go there.

That’s no accident. Before NAFTA took effect 23 years ago, Mexico was angling for more than easy access to U.S. consumers, which is usually the primary goal for a developing country.

Mexico wanted an accord that would also benefit the U.S. and Canada, and strengthen economic ties among all three countries. Such multi-sided trade deals are more stable and durable, and that’s helpful when there’s a change in popular opinion -- or elected leaders.

NAFTA has created impressive growth in trade and jobs, especially for Texas. But it’s also spawned large networks of suppliers and manufacturers whose goods often criss-cross the border before final assembly.

Read on...

Tuesday
Feb042014

Department of Commerce Infographic Highlights U.S.-Mexico Trade

Click on Graphic for full size.

  

 

 

 

Friday
Dec202013

Mexico energy: High hopes for 'magnificent reform'

Ochoa said the Mexico Department of Energy estimates that foreign direct investment in the sector will rise by 50 percent by 2018, to $10 billion, and that 500,000 jobs will be created in the process.

Click here for complete article > CNBC

December 20, 2013

Susana Gonzalez | Bloomberg | Getty Images Pemex's La Muralla IV deep sea crude oil platform in the waters off Veracruz, Mexico.When Mexican President Enrique Peña Nieto signs a new oil reform into law Friday, it could mark a turning point for Latin America's second-largest economy, one of Mexico's leading energy officials told CNBC.

"It's a magnificent reform," Mexico's Energy Undersecretary Enrique Ochoa said in an exclusive interview. Along with many other energy experts, he thinks the law will lead to an increase in oil and gas production, as well as lower energy prices.

The law will change three articles of the nation's constitution, thereby allowing foreign investment and production-sharing agreements in Mexico for the first time in more than 70 years…