Renegotiating NAFTA with Elections on the Horizon
Renegotiating NAFTA with Elections Looming May Prove to be a Difficult Task As 2017 comes to an end, there is much speculation as to how the Renegotiating NAFTA with elections taking will affect Mexico and the United States during the coming year. Politicians and international commerce experts alike both agree that it will very difficult […]
Mexican vehicle exports account for a significant percentage of country’s total overseas sales
Mexican vehicle exports and the well-developed industry that generates them are central to the country’s economy. At the end of 2015, the Mexican automotive industry was the source of almost 900,000 salaried positions. Trucks and vehicles were manufactured by ten percent of these employees, while the remaining workers produced the remainder in auto parts. Mexico […]
NAFTA Negotiations will Continue into Next Year
NAFTA Negotiations will Continue into Next Year At the end of the fourth round of negotiations, the three countries involved in the NAFTA negotiations talks released a joint statement that their efforts to modernize the accord will in all likelihood extend into the first four months of 2018. The goal that they have set for […]
Mexican Labor Rules
The Mexican Federal Labor Law (Ley Federal de Trabajo) and the Mexican Social Security Law (Ley de Seguro Social) provide the legal framework that governs Mexican labor rules in accord with Article 123 of the Republic of Mexico’s Constitution. Mexican Labor Rules and Mexico’s Federal Labor Law Mexican labor rules are governed by its Federal […]
The North American Free Trade Agreement Rules of Origin
One of the top priorities of the Trump administration regarding the negotiation of an updated North American Free Trade Agreement between the United States, Canada, and Mexico concerns the formulation of more restrictive North American Free Trade Agreement rules of origin. NORTH AMERICAN FREE TRADE AGREEMENT RULES OF ORIGIN: WHAT ARE THEY? “North American Free […]
The United States’ Deficit in Trade with Mexico
The United States’ Deficit in Trade with Mexico In July of 2017, a month before the beginning of the NAFTA renegotiation talks with Mexico and Canada, The US made a list of the priorities public that would be adhered to by its representatives during the course of deliberations. One of the most important goals that […]
A Reworked NAFTA from the Mexican Perspective
Since NAFTA was instituted in 1994, the volume of trade between the Mexico, the United States and Canada has increased by a factor of three. In 2016, tariff-free trade among the countries was valued at approximately eighty billion US dollars. Fourteen percent of global trade is now conducted under the umbrella of NAFTA Rules. Although […]
Business Leader Qualities Set Success or Failure
Business Leader Qualities Set Success or Failure The effectiveness of leadership often determines the success or failure of a company. A business leader can make or break a team. There are varied opinions on what business leader qualities make someone successful. However, there are unique and achievable qualities all successful business leaders possess. Business leader […]
NAFTA Negotiations Progress Report is Encouraging
NAFTA Negotiations Progress There has been uncertainty surrounding the fate of the North American Free Trade Agreement. After Donald Trump had declared that he would reverse NAFTA, many feared that it would uproot years of a mutually beneficial free trade. However, he has said little about what changes he would make. This created doubt for […]
Mexico Manufacturing Reducing Production
Mexico Manufacturing Reducing Production Costs 50% or More U.S. companies are exploring Mexico manufacturing as a way to reduce production costs 50% or more. In response to global economic fluctuations, companies have to constantly modify their budget plans. CEO’s must use strategic thinking in order to create and deliver a product that will keep them […]