Th e United States and Mexico have enjoyed a unique and flourishing relationship over the past decades. I am delighted to start 2015 by visiting Washington, D.C., and embarking on new ways in which Mexico and the United States can strengthen our ties in order to make North America the most prosperous and competitive region in the world.Our countries have an intense economic relationship that is spread over a myriad of areas. Since the beginning of my administration, I have worked with President Barack Obama to create bilateral mechanisms that harness the full potential of our relationship. We are...Read More
With the United States poised to become the world’s leading producer of liquid petroleum products, now is the time for the U.S. to allow crude oil exports to Mexico. We have the type of crude Mexico wants to import, and if they don’t import it from the U.S. they will import it from elsewhere. Certainly the United States would benefit from the flow of money back into our economy instead of allowing other countries to claim the profit.Mexico, a major supplier of heavy grade crude oil to the United States, has publicly stated their desire to import lighter grades...Read More
The value of U.S. trade with Mexico and Canada increased by $7.8 billion in September, exceeding $100 billion for the seventh straight month as manufacturing activity and freight shipping in all three North American Free Trade Agreement partners expanded.U.S.-NAFTA freight flows totaled $102.2 billion in September, as the value of goods transported by truck, pipeline, rail, ship and airplane increased 8.2 percent year-over-year, according to the Department of Transportation’s Bureau of Transportation Statistics.Trade among the NAFTA partners has increased every month this year except January, hitting a $103.9 billion peak in terms of value in May. The biggest year-over-year...Read More
There seem to be two global winds blowing in opposite directions: companies are merging like never before while nation-states from Spain to Iraq to the United Kingdom are threatening to break apart.What if the United States bucked the trend of nation-states and instead went the way of companies? What if, for instance, the U.S. decided to merge with Mexico? Welcome to Amexico, with a population of nearly half a billion people and the best hamburgers and enchiladas in the world. Is this as crazy as it sounds? That’s the question we explore in our latest Freakonomics Radio episode, “Should the...Read More
Mexico and the United States reached a deal on Monday to avert potentially steep duties on Mexican sugar imports to the United States in talks that went down to the last minute.The U.S. Department of Commerce said late on Monday that Mexican and U.S. officials and Mexican sugar exporters initialed a draft agreement that would suspend both anti-subsidy and anti-dumping duties on the goods, if adopted in full.The deal defuses a dispute that threatened to escalate into a tit-for-tat trade war after Mexico threatened to take U.S. support for its sugar industry to the World Trade Organization and could...Read More
- The United States and Mexico: Building and Designing Things Together – Forbes
- Made in Mexico: An emerging auto giant powers past Canada – The Globe and Mail
- How to Boost Border Competitiveness? Just Ask the Folks There.
- How Will Mexico’s Economy Perform in 2015?
- It’s Time To Reset U.S.-Mexico Relations – John M. Ackerman – POLITICO Magazine