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— - 3 Tesla - 3 Biden - 2 Joe Biden - 2 JULIO CESAR AGUILAR - 2 That’s - 1 nearshoring - 1 Alberto Ramos - 1
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China Mexico United States Monterrey Nuevo Leon Canada Mexican Nuevo León
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Commerce Department - 2 Getty - 2 Service - 2 Foreign - 2 Investment - 2 Bloomberg - 2 CNN - 1 Manufacturing - 1

Search resuls for: "JULIO CESAR AGUILAR"


4 mentions found


☆ US and China are buying into Mexico’s manufacturing moment
  + stars: | 2024-04-28 | by ( John Towfighi | ) edition.cnn.com   time to read: +9 min
CNN —As US supply chains decouple from China, Mexico’s manufacturing sector is emerging as a winner. Ramos said Mexico and China have been competing for the US manufacturing market for years, but amid a shifting US-China relationship, Mexico looks poised to pull ahead. Those exports were driven by manufacturing, which comprises 40% of Mexico’s economy, according to Morgan Stanley. Meanwhile, Chinese exports to the US were down 20% in 2023, compared to 2022. Analysts at Morgan Stanley see the value of Mexico’s exports to the United States growing from $455 billion to about $609 billion in the next five years.
Persons: That’s, nearshoring, Alberto Ramos, Goldman Sachs, Ramos, Morgan Stanley, Katherine Tai, CNN’s Julia Chatterley, Tai, United States Jose Luis Gonzalez, Xeneta, Peter Sand, Jose Enrique Sevilla, John Raines, Goldman’s Ramos, Biden, Raquel Buenrostro, —, Joe Biden, Donald Trump, Trump, ”, Global’s, Raines, Christoffer Enemaerke, “, Tesla, Elon Musk, Julio Cesar Aguilar, BYD doesn’t, RBC’s Enemaerke, Michael Nam Organizations: CNN, Manufacturing, Commerce Department, US Trade, General Motors, Ford, Reuters, Shipping, Container Trade, Xeneta, Moody’s Analytics, P Global Market Intelligence, steelworkers, “, Global’s Sevilla, Macip, RBC, Getty, BYD, ” Sevilla, Monterrey Locations: China, Mexico, Canada, North America, US, Ciudad Juarez, United States, Pittsburgh, Mexican, Monterrey, ”, Nuevo Leon, Asia
☆ The US is now buying more from Mexico than China for the first time in 20 years
  + stars: | 2024-02-09 | by ( Noah Sheidlower | Cork Gaines | ) www.businessinsider.com   time to read: +6 min
Read previewNew data released Wednesday by the Commerce Department showed that in 2023, Mexico was the leading source of goods imported to the US — ahead of China for the first time in over 20 years. Mexico surpassing China as America's top trade partner signals a significant shift in global commerce dynamics. Chinese imports fell 20% in the same time period, to $427.2 billion, just slightly above Canada. Additionally, the value of Chinese imports remained above the value of Mexican imports from 2002 until this most recent data. More than a third of US imports — valued over $3 trillion — come from Mexico, China, and Canada.
Persons: —, Joe Biden, Mexico Andres Manuel Lopez Obrador, HECTOR VIVAS, Biden, CLAUDIO CRUZ, Tesla, JULIO CESAR AGUILAR Organizations: Service, Commerce Department, Business, Trump, New York Times, Foreign, Investment, Automobiles, Getty Images, Bloomberg Locations: Mexico, China, Canada, Trade, South Korea, India, Vietnam, United States, Monterrey, Nuevo Leon, Getty Images Mexico, Nuevo León
☆ Mexico is trying to be best new trade buddies with both the US and China — but it might not be able to handle the pressure
  + stars: | 2023-09-20 | by ( Cork Gaines | ) www.businessinsider.com   time to read: +7 min
Mexico is now America's top trade partner thanks to US-China tensions and "nearshoring." AdvertisementAdvertisementMexico's infrastructure is not readyBeing a more attractive trade partner to the US is one thing. China is now Mexico's largest trading partner globally, and Mexico is already China's second-largest trade partner in Latin America. China's Foreign Direct Investment in Mexico is still small (about 1% of Mexico's Foreign Direct Investment) but it is its fastest-growing source of outside investment. If Mexico's economy is going to surge, it needs to be more than just a middleman.
Persons: Luis Torres, —, Tesla, JULIO CESAR AGUILAR, Xi Jinping, Lintao Zhang, Kearney, Gerardo Esquivel Organizations: Service, Federal Reserve Bank of, Foreign, Investment, Bloomberg, Getty, Publishing Locations: Mexico, China, Wall, Silicon, Federal Reserve Bank of Dallas, Monterrey, Nuevo Leon, Nuevo León, Latin America, Yantai, Shandong Province, Mexican, United States
☆ A new generation of narcos is rising in Mexico, and they're bringing a new style of music to celebrate their exploits
  + stars: | 2022-09-15 | by ( Luis Chaparro | ) www.businessinsider.com   time to read: +6 min
A new generation of narcos are taking over in some of Mexico's most powerful criminal groups. They're bringing some changes to the drug trade, including new music to celebrate their exploits. "This music was a consequence of the Sinaloa Cartel's plugs [contacts] in Atlanta, where Trap music first went viral," a Flechas commander told Insider. The songs provide a different — and maybe more accurate — version of what is happening inside Mexico's criminal underworld, Ramírez added. At the top of this new generation of narcos are the "narco juniors" who are following their fathers into the business.
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