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 […]
Make Mexico Great Again – Wilbur Ross Reviews US-Mexico Relations
Make Mexico Great Again In an interview last Friday, US Secretary of Commerce, Wilbur Ross, spoke on positive considerations for Mexico in the looming NAFTA renegotiation that resulted in a Mexican peso surge. It appears that Ross is discussing the possibility of asking Mexico to consider raising its minimum wage. The Mexican minimum wage is […]
Border Tax – Mexico Win or Loss?
Border Tax – Mexico Win or Loss? There has been much discussion in the media concerning the a border tax and its effect on international trade. Of importance to us is the potential effect on our clients. The current administration is questioning if restrictions of trade is the key to job creation in the U.S. […]
Skilled Labor in Mexico Growing in Numbers
Mexico has been steadily producing skilled labor for generations, but renewed emphasis in recent years has produced a boom. Mexico’s government has become quite proactive in training their youth to fill skilled roles in manufacturing and other areas vital in a global market.
US Shortage of Skilled Labor May Retard Manufacturing Growth
Many good numbers are coming out pointing to US job growth. But there are also many negative reports that seem to contradict the good news. Why are so many Americans not working? Will bringing skilled labor jobs back home and renegotiating foreign trade deals answer the employment question in the US? Or is there more to this equation?