Mexico

US lawmakers propose bills targeting China's role in fentanyl crisis

According to the American authorities, China is the primary source of chemical precursors used by Mexican cartels to manufacture fentanyl

Mexico, Canada, Asean gained more from US-China trade war than India: GTRI

Mexico, Canada, and 10-nation Southeast Asian bloc ASEAN benefited more from the US-China trade war than India, economic think tank GTRI said in a report. It said that India has to strengthen its local supply chains and produce critical intermediates to reduce reliance on China, while improving cost efficiency and ease of doing business to enhance competitiveness of domestic industries and increase exports to the US. With Donald Trump again becoming the US President, the evolving trade landscape offers huge opportunities for the Indian industry as he is now planning new tariffs targeting Mexico, Canada, China, and others. The US-China trade war, initiated in 2018 under President Trump with tariffs targeting key sectors, has significantly reshaped global trade flows but failed to achieve its primary goals. "Key beneficiaries of the trade war included Mexico, Canada, and ASEAN nations, which collectively accounted for 57 per cent of the growth in US imports. India also emerged as a

Donald Trump picks CIA veteran Ron Johnson as US ambassador to Mexico

Ronald Johnson served as the ambassador to El Salvador from 2019 to 2021

If we are subsidising Canada, Mexico let them become a state of US: Trump

Observing the US is subsidising its two neighbours Canada and Mexico to the tune of USD 100 billion and USD 300 billion, respectively, incoming US President Donald Trump on Sunday said that if that is the case then these two countries better be a part of America. Trump, 78, has threatened to impose hefty tariffs on both Canada and Mexico if they don't stop the flow of illegal immigrants into the US through their territories. We're subsidising Canada to the tune of over USD 100 billion a year. We're subsidising Mexico for almost USD 300 billion. We shouldn't be subsidising. Why are we subsidising these countries? If we're going to subsidise them, let them become a state (of the US), Trump told NBC News in an interview, his first on a Sunday talk show after winning the November 5 presidential elections. We're subsidising Mexico, we're subsidising Canada, and we're subsidising many countries all over the world. All I want to do is have a level, fast, but fair playing field, he ...

California governor promotes trade with Mexico after Trump's tariff threats

Governor Newsom and California Attorney General Rob Bonta have emerged as prominent Democratic opponents of Trump's agenda, pledging to defend the state's liberal policies

8 killed, 2 injured after gunmen opened fire in central Mexican town

Eight people are dead and two others are wounded after gunmen pulled up to a roadside stand in north-central Mexico and opened fire on customers and bystanders, authorities reported Sunday. Prosecutors in the cartel-ravaged state of Guanajuato said the shooting occurred late Saturday in the town of Apaseo el Grande. Eight men died just outside the stand, which was selling a traditional type of milk-based fudge. Another man and a woman were wounded in the attack, but there was no immediate report on their condition. Local media reported that a paramedic was one of those killed in the shooting. The state ambulance and paramedic agency said an emergency medical technician had died late Saturday, but did not confirm whether he was one of those killed in the attack. Video posted on social media showed men's bodies with apparent head wounds scattered among motorcycles parked outside the stand. The town of Apaseo el Grande, and its sister community of Apaseo el Alto, have been hit by mas

Mexican President Sheinbaum confident of averting tariff war with US

Mexican President Claudia Sheinbaum said Thursday she is confident that a tariff war with the United States can be averted. But her statement the day after she held a phone call with US President-elect Donald Trump did not make clear who had offered what. There will be no potential tariff war, Sheinbaum said flatly when asked about the issue at her daily morning news briefing. On Wednesday, Trump wrote that Sheinbaum had agreed to stop unauthorised migration across the border into the United States. She wrote on her social media accounts the same day that migrants and caravans are taken care of before they reach the border. But whether that constituted a promise, a pledge or a simple statement of reality remains unclear. In recent years, migrants who have been unable to obtain permission to cross Mexico have joined together in caravans to walk or hitchhike north toward the US border, seeking safety in numbers. In fact, apart from the first caravans in 2018 and 2019 which were .

Mexico must stop flow of illegal immigrants into US, says Donald Trump

US President-elect Donald Trump on Thursday said Mexico has agreed to immediately stop illegal immigrants from going to its border with the United States. This comes days after Trump threatened to impose a 25 per cent tariff on all imports from Mexico and Canada for their inability to stop the flow of illegal immigrants into the United States. In a post on his Truth Social platform, Trump said he spoke to Mexican President Claudia Sheinbaum Pardo on the phone and the two had a productive conversation. "Mexico will stop people from going to our Southern Border, effective immediately. THIS WILL GO A LONG WAY TOWARD STOPPING THE ILLEGAL INVASION OF THE USA. Thank you," Trump said in his post. "Just had a wonderful conversation with the new President of Mexico, Claudia Sheinbaum Pardo. She has agreed to stop Migration through Mexico, and into the United States, effectively closing our Southern Border," he said. Trump said the two also talked about what could be done to stop the drug .

Mexico warns Trump tariffs may kill 400,000 US jobs, threatens retaliation

Mexican President Sheinbaum and US President-elect Trump spoke by phone later on Wednesday, with the two discussing topics at the top of Trump's agenda

Asia to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs

The United States accounts for 61 per cent and 56 per cent of crude exports from Canada and Mexico

Mexico hints at retaliation to Donald Trump's threats of 25% tariffs

Sheinbaum's calls for collaboration instead of hostility reflect delicate balance she has sought to maintain since Trump's victory put her nation on front line of a potential US trade war with China

Trump threatens tariff war on Canada, Mexico, China: Should India be wary?

President-elect Trump's tariff threats against Canada, Mexico, and China have unsettled global markets, raising questions about how these moves might impact India's trade and economic interests

Donald Trump roils markets with tariff threat on China, Mexico, and Canada

Trump said he would impose additional 10 per cent tariffs on goods from China and 25 per cent tariffs on all products from Mexico and Canada in posts to his Truth Social network on Monday

India may land in top 5 with 12.7% growth in airline seat capacity

On a more positive note, the report points out that with two major airlines, Air India and IndiGo, both having placed large aircraft orders, India's growth in aviation sector is expected to take off

Mexico officials warn about Trump's tariff impact on US companies

Trump campaigned on a pledge to roll out a slew of tariffs, including for firms that had moved operations to Mexico, in a bid to restore jobs in the US

Tropical depression Sara heads to Mexico after floods, 1 dead in Honduras

US National Hurricane Center (NHC) forecast that Sara will weaken as it moves further inland over Mexico's Quintana Roo state

8 of 11 members of Mexico's SC to resign in protest of judicial overhaul

Eight justices of Mexico's Supreme Court have said they will leave the court rather than stand for election as required by a controversial judicial overhaul passed last month. Supreme Court President Norma Pina and seven others submitted letters Tuesday and Wednesday stating they would leave their posts rather than compete in judicial elections scheduled for next June. The court's three other justices have indicated they will compete in the elections. Previously, the Supreme Court's justices were selected by the Senate. Last month, Mexico's Congress passed and a majority of states ratified then-President Andres Manuel Lopez Obrador's initiative to make all of the country's judges subject to election. Lopez Obrador and his allies, including his successor Claudia Sheinbaum, have said the radical change will help rid the judicial system of corruption. However, critics say the courts will become less independent and more subject to political forces. The resignations came before the

Mexico announces food, agri plan that could take country back to 1980s

Mexico's new president announced a new agriculture plan Tuesday that could make the country's food production and distribution look a lot more like it did in the 1980s, when meals in Mexico were dominated by tortillas, beans, instant coffee and cheap hot chocolate. Four decades ago, the ingredients for those meals were often bought at government stores that stocked a few basic goods. President Claudia Sheinbaum pledged Tuesday to revive those often shabby, limited government stores and continue efforts to achieve food sovereignty. It is about producing what we eat, Sheinbaum said of her policy, whose main focus will be on increasing bean and corn production. Sheinbaum appears to have a deep interest in boosting beans. On Monday, she said, It is much better to eat a bean taco than a bag of potato chips." Agriculture Secretary Julio Berdegu said the focus would be on guaranteeing prices for farmers who grow corn used for tortillas and lowering tortilla prices by 10%, after prices ju

FM Sitharaman meets Mexican minister on backdrop of bilateral trade summit

During the meet, Finance minister commended the strong performance of the Mexican economy in the last six years following prudent fiscal policies

Sitharaman invites Mexican firms to collaborate with startups, institutions

Discussions focused on boosting cooperation in technology and innovation, with the goal of expanding collaboration between the two countries