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Washington Examiner / Sean Higgins / October 26 Juan Carlos Baker, Mexico’s deputy commerce minister, said Friday that his government may not sign the final text of the United States-Mexico-Canada Agreement on trade if the U.S. does not agree to provide exemptions to its tariffs on steel and aluminum. The Trump administration is balking at […]
The Hill / David L. Goldwyn / October 29 The proposed US Mexico Canada Agreement (USMCA) makes important, but incomplete, progress in securing an integrated North American energy market. In terms of progress, the agreement preserves zero tariffs for trade in oil, gas and petroleum products across North America. It effectively locks in Mexico’s historic energy reforms […]
International Investment / Jonathan Clare / October 22 Jonathan Clare recalls the strikingly different Mexico of the 1990s, and looks at the country’s prospects today under a new, left-wing, administration. The Mexico of today is very different from the country I first experienced in the late 1990s. Back then I was based in Mexico […]
Tampa Bay Times / Darryl Fears / October 22 NEW ORLEANS — An oil spill that has been quietly leaking millions of barrels into the Gulf of Mexico has gone unplugged for so long that it now verges on becoming one of the worst offshore disasters in U.S. history. Between 300 and 700 barrels of oil […]
Reuters / Frank Jack Daniel / October 15 MEXICO CITY (Reuters) – The United States is seeking to impose quotas on Mexican steel exports as part of a negotiation to remove metals tariffs, the chief trade negotiator of Mexico’s incoming government said on Monday, adding the issue needed to be resolved within weeks. The […]
Sputnik News / October 15 MEXICO CITY (Sputnik) – Mexican President-elect Andres Manuel Lopez Obrador has pledged to save the country’s oil sector just like former Mexican President Lazaro Cardenas, who headed the country from 1934 to 1940, had done. In March 1938, Cardenas announced the nationalization of the oil industry, and only in 2013, the […]
Market Realist / Mark O’Hara / October 8 Trade deals President Donald Trump has long lashed out against existing trade deals, calling them unfair to the United States. The Trump administration has been working to renegotiate several trade deals, and the focus has been on reducing the country’s massive trade deficit by moving its manufacturing […]
CNBC / Gary McWilliams and Liz Hampton / October 8 (Adds Anadarko Petroleum cutbacks) HOUSTON, Oct 8 (Reuters) – Energy companies on Monday halted nearly a fifth of Gulf of Mexico oil production and evacuated staff from 13 platforms as Hurricane Michael intensified and headed for a path up the eastern U.S. Gulf. Offshore producers […]
Washington Post / Heather Long / October 1 Trump and Trudeau can tout this as a major victory ahead of key elections in their countries. It’s a lot less clear whether ‘NAFTA 2.0’ is good for Mexico and U.S. automakers. The United States, Canada and Mexico finalized a sweeping new trade deal late Sunday, just […]
S&P Global / Daniel Rodriguez / Edited by Pankti Mehta / October 1 Mexico City — Oil and gas executives attending last week’s Mexican Petroleum Congress (CMP) in Acapulco told S&P Global Platts that they were cautiously optimistic about the future of the country’s energy reform, pointing to higher oil prices and some clarification of […]
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