<?xml version="1.0" encoding="UTF-8"?><rss xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" version="2.0" xmlns:media="http://search.yahoo.com/mrss/"><channel><title><![CDATA[EL PAÍS]]></title><link>https://english.elpais.com</link><atom:link href="https://english.elpais.com/arc/outboundfeeds/rss/" rel="self" type="application/rss+xml"/><description><![CDATA[EL PAÍS News Feed]]></description><lastBuildDate>Sat, 23 May 2026 16:14:58 +0000</lastBuildDate><language>en</language><ttl>1</ttl><sy:updatePeriod>hourly</sy:updatePeriod><sy:updateFrequency>1</sy:updateFrequency><item><title><![CDATA[Mexico and the European Union tighten their alliance in the face of Trump-era risks]]></title><link>https://english.elpais.com/international/2026-05-21/mexico-and-the-european-union-tighten-their-alliance-in-the-face-of-trump-era-risks.html</link><guid isPermaLink="true">https://english.elpais.com/international/2026-05-21/mexico-and-the-european-union-tighten-their-alliance-in-the-face-of-trump-era-risks.html</guid><dc:creator><![CDATA[Manuel Vicente Gómez Gómez, Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The two sides will sign an update to their trade agreement and hold a summit in the capital of the Latin American country]]></description><pubDate>Thu, 21 May 2026 10:03:38 +0000</pubDate><content:encoded><![CDATA[<p>More than 10 years of negotiations come to an end this Friday in Mexico: the European Union and the Latin American country will sign an update to the trade agreement that has been in force since the beginning of this century. The move — arguably more significant than the text of the renewed pact — signals a clear rapprochement between two parties whose commercial — and, to an extent, geopolitical — strategies have been shaken by Donald Trump’s return to the White House, based on protectionism, in barely a year and a half. For both, it is a renewed bet on multilateralism in international relations and a way to diversify alliances and risks to soften the impact of Washington’s unpredictable, unilateral decisions. The update will be signed this Friday in Mexico City by Mexico’s president, <a href="https://english.elpais.com/international/2025-10-01/claudia-sheinbaum-a-scientist-president-caught-between-mexicos-oil-giant-and-climate-action.html" target="_self" rel="" title="https://english.elpais.com/international/2025-10-01/claudia-sheinbaum-a-scientist-president-caught-between-mexicos-oil-giant-and-climate-action.html">Claudia Sheinbaum</a>, and the president of the European Commission, <a href="https://english.elpais.com/international/2026-05-20/eu-intensifies-its-diplomacy-in-greenland-amid-a-new-trump-offensive-to-control-the-island.html" target="_self" rel="" title="https://english.elpais.com/international/2026-05-20/eu-intensifies-its-diplomacy-in-greenland-amid-a-new-trump-offensive-to-control-the-island.html">Ursula von der Leyen</a>.</p> <p><a href="https://english.elpais.com/international/2026-05-21/mexico-and-the-european-union-tighten-their-alliance-in-the-face-of-trump-era-risks.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/CJBSVSPYVJHH5TAYKVWXBRKTGU.jpg?auth=3a8a6960aa527027048c688a7fc3106275fa6c9885746c93ab3b44ade9163ed8&amp;width=6514&amp;height=4343&amp;focal=3302%2C1868"><media:description type="plain"><![CDATA[António Costa and Claudia Sheinbaum at the G7 in Alberta, Canada, June 17, 2025.]]></media:description><media:credit role="author" scheme="urn:ebu">SPENCER COLBY</media:credit></media:content></item><item><title><![CDATA[The debate over fracking in Mexico: Energy sovereignty versus environmental risk]]></title><link>https://english.elpais.com/international/2026-02-14/the-debate-over-fracking-in-mexico-energy-sovereignty-versus-environmental-risk.html</link><guid isPermaLink="true">https://english.elpais.com/international/2026-02-14/the-debate-over-fracking-in-mexico-energy-sovereignty-versus-environmental-risk.html</guid><dc:creator><![CDATA[Elia Castillo Jiménez, Zedryk Raziel, Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Mexico is preparing to enter the gas extraction market with this method, which has sparked intense debate both within and outside the government. EL PAÍS brings together the views of six specialists on this technique — voices both defending and criticizing it]]></description><pubDate>Sat, 14 Feb 2026 04:00:00 +0000</pubDate><content:encoded><![CDATA[<p>The government of Claudia Sheinbaum has decided to make a radical shift and change the course of Mexico’s energy policy <a href="https://english.elpais.com/science-tech/2025-10-26/sandra-steingraber-environmentalist-fracking-is-one-of-the-worst-us-technologies-since-the-atomic-bomb.html" target="_self" rel="" title="https://english.elpais.com/science-tech/2025-10-26/sandra-steingraber-environmentalist-fracking-is-one-of-the-worst-us-technologies-since-the-atomic-bomb.html">in favor of fracking</a>, or hydraulic fracturing, a technique that was banned for six years by her predecessor, Andrés Manuel López Obrador. </p> <p><a href="https://english.elpais.com/international/2026-02-14/the-debate-over-fracking-in-mexico-energy-sovereignty-versus-environmental-risk.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/5BIQ67TVLFFNTNVD2QH25UXXCE.jpg?auth=d72a8b780408997d87ceb6df2bf30a4a81c51cbe6335d98c35f4f3e28ad3d5e1&amp;width=5760&amp;height=3840&amp;smart=true"><media:description type="plain"><![CDATA[Pumps for hydraulic fracturing.]]></media:description></media:content></item><item><title><![CDATA[Chinese automakers BYD and Geely bid to acquire a Nissan plant in Mexico]]></title><link>https://english.elpais.com/economy-and-business/2026-02-13/chinese-automakers-byd-and-geely-bid-to-acquire-a-nissan-plant-in-mexico.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2026-02-13/chinese-automakers-byd-and-geely-bid-to-acquire-a-nissan-plant-in-mexico.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The Asian firms aim to strengthen their position in the Mexican market through the purchase of the Aguascalientes factory, which is in the process of closing]]></description><pubDate>Fri, 13 Feb 2026 10:43:03 +0000</pubDate><content:encoded><![CDATA[<p><a href="https://english.elpais.com/economy-and-business/2025-11-01/byd-the-chinese-car-manufacturer-that-musk-mocked-and-now-fears.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2025-11-01/byd-the-chinese-car-manufacturer-that-musk-mocked-and-now-fears.html">Chinese electric‑vehicle giant BYD</a> continues to view Mexico as a potential manufacturing hub — and it’s not alone. The Asian automaker, along with its competitor Geely and <a href="https://english.elpais.com/technology/2024-08-25/the-lightbulb-of-the-21st-century-the-battery-revolution-illuminates-a-new-era.html" target="_self" rel="" title="https://english.elpais.com/technology/2024-08-25/the-lightbulb-of-the-21st-century-the-battery-revolution-illuminates-a-new-era.html">Vietnam’s VinFast</a>, has set its sights on Nissan’s plant in the state of Aguascalientes, which is in the process of shutting down. According to Reuters, the soon‑to‑close factory has become the target of an intense bidding process involving nine companies, with Geely, VinFast, and BYD emerging as finalists. </p> <p><a href="https://english.elpais.com/economy-and-business/2026-02-13/chinese-automakers-byd-and-geely-bid-to-acquire-a-nissan-plant-in-mexico.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/VS44NB2HDVGVXOVPHEAMMTCVQE.JPG?auth=a3fd757089106295c0b58f1bce2d30c6bd38a3abedcbfb15128d06cc4d541117&amp;width=6500&amp;height=4298&amp;smart=true"><media:description type="plain"><![CDATA[Nissan automotive plant in Aguascalientes, February 9.]]></media:description><media:credit role="author" scheme="urn:ebu">Liberto Urena</media:credit></media:content></item><item><title><![CDATA[US-Mexico trade ties remain strong despite tariffs and USMCA threats]]></title><link>https://english.elpais.com/economy-and-business/2026-01-25/us-mexico-trade-ties-remain-strong-despite-tariffs-and-usmca-threats.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2026-01-25/us-mexico-trade-ties-remain-strong-despite-tariffs-and-usmca-threats.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The Latin American country surpasses China and Canada, sending over $447 billion worth of goods to the US in the first 10 months of 2025]]></description><pubDate>Sun, 25 Jan 2026 04:00:00 +0000</pubDate><content:encoded><![CDATA[<p>Mexico has consolidated its position as the United States’ top trading partner, despite tariffs and repeated threats from President Donald Trump to withdraw from the <a href="https://english.elpais.com/economy-and-business/2026-01-15/differences-over-the-usmca-deepen-between-the-united-states-and-mexico.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2026-01-15/differences-over-the-usmca-deepen-between-the-united-states-and-mexico.html">USMCA trade agreement</a> and to toughen measures against the country unless drug trafficking is curbed. In October, the Latin American country surpassed China and Canada as the leading exporter of goods to the U.S., with shipments reaching $48.52 billion in October 2025, a record figure representing a 6.7% increase compared to the same month of the previous year. According to U.S. trade figures, in the first 10 months of last year, Mexican shipments to Washington exceeded $448 billion, equivalent to 15% of total U.S. imports.</p> <p><a href="https://english.elpais.com/economy-and-business/2026-01-25/us-mexico-trade-ties-remain-strong-despite-tariffs-and-usmca-threats.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/R3W5GEQYOJGGBMQ2ZLF32Z3O4A.png?auth=98805f0d718d098fabbd40efa1db027b4b45a9576b91f6366f6883f25fbab731&amp;width=1640&amp;height=922&amp;smart=true"/></item><item><title><![CDATA[Differences over the USMCA deepen between the United States and Mexico]]></title><link>https://english.elpais.com/economy-and-business/2026-01-15/differences-over-the-usmca-deepen-between-the-united-states-and-mexico.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2026-01-15/differences-over-the-usmca-deepen-between-the-united-states-and-mexico.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[With less than six months to go before the review of the trade agreement, Trump has called it ‘irrelevant,’ while Sheinbaum has defended North American integration]]></description><pubDate>Thu, 15 Jan 2026 14:01:14 +0000</pubDate><content:encoded><![CDATA[<p>At the Ford plant in Detroit, surrounded by assembly lines and American workers, U.S. President Donald Trump once again cast doubt on the <a href="https://english.elpais.com/economy-and-business/2024-12-21/the-usmca-in-graphs-more-exports-more-foreign-investment-but-weak-economic-growth.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2024-12-21/the-usmca-in-graphs-more-exports-more-foreign-investment-but-weak-economic-growth.html">future of the USMCA</a>. The Republican called the trade agreement with Mexico and Canada “irrelevant”: “The problem is, we don’t need their product. You know, we don’t need cars made in Canada. We don’t need cars made in Mexico. We want to take them here. And that’s what’s happening,” the president declared on Tuesday. </p> <p><a href="https://english.elpais.com/economy-and-business/2026-01-15/differences-over-the-usmca-deepen-between-the-united-states-and-mexico.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/KNE4RMSGTVJONMWNJKP5LKNYQI.jpg?auth=2967e3394d5179c18e8e9dd9aa36181b2700537c90f078ce371007c161ad8eb0&amp;width=2555&amp;height=1703&amp;smart=true"><media:description type="plain"><![CDATA[Donald Trump and Ford CEO Jim Farley in Dearborn, Michigan, on January 13.]]></media:description><media:credit role="author" scheme="urn:ebu">Evelyn Hockstein</media:credit></media:content></item><item><title><![CDATA[Mexico completes its trade shift with the entry into force of tariffs on China and countries without trade agreements]]></title><link>https://english.elpais.com/economy-and-business/2026-01-01/mexico-completes-its-trade-shift-with-the-entry-into-force-of-tariffs-on-china-and-countries-without-trade-agreements.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2026-01-01/mexico-completes-its-trade-shift-with-the-entry-into-force-of-tariffs-on-china-and-countries-without-trade-agreements.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Starting January 1, increases of up to 50% will be implemented on 1,463 tariff classifications]]></description><pubDate>Thu, 01 Jan 2026 12:06:23 +0000</pubDate><content:encoded><![CDATA[<p>The new year begins in Mexico with a new trade policy. As of midnight, tariff increases went into effect on 1,463 tariff lines from countries with which the Latin American nation does not have a trade agreement, including China, Russia, South Korea, India, Vietnam, Thailand, and Brazil. Although the tariff adjustment approved by the legislature was lower than the one originally proposed by the executive branch, it will affect more than 1,000 goods. The rates to be paid starting Thursday range from 5% to 50%. Among the products subject to tariffs are electric vehicles, auto parts, cosmetics, plastics, steel, cardboard, acetate, textiles, footwear, toys, furniture, appliances, glass, soaps, and other goods. According to the federal government, the tariff increase will generate 30 billion pesos in revenue annually, while the inflationary impact is estimated at 0.2% by the Ministry of Finance. Through the Official Gazette, the <a href="https://english.elpais.com/international/2025-12-05/sheinbaum-has-high-approval-ratings-but-her-governments-troubles-are-starting-to-take-a-toll.html" target="_self" rel="" title="https://english.elpais.com/international/2025-12-05/sheinbaum-has-high-approval-ratings-but-her-governments-troubles-are-starting-to-take-a-toll.html">Claudia Sheinbaum administration</a> assured Wednesday that all basic food basket products coming from these countries will be exempt from tariffs throughout 2026.</p> <p><a href="https://english.elpais.com/economy-and-business/2026-01-01/mexico-completes-its-trade-shift-with-the-entry-into-force-of-tariffs-on-china-and-countries-without-trade-agreements.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/IL4PZMN7BZHFNKOY2PSTREYFTM.jpg?auth=fcf8e78d524b44be955d794ac5a6014ad5541aaa8a8aed0781499a8c5e5a9842&amp;width=5179&amp;height=2910&amp;focal=2099%2C1483"><media:description type="plain"><![CDATA[Yangshan Port in Shanghai, May 14.]]></media:description><media:credit role="author" scheme="urn:ebu">Qilai Shen</media:credit></media:content></item><item><title><![CDATA[US cracks down on Mexican remittances over alleged money laundering ]]></title><link>https://english.elpais.com/economy-and-business/2025-12-08/us-cracks-down-on-mexican-remittances-over-alleged-money-laundering.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2025-12-08/us-cracks-down-on-mexican-remittances-over-alleged-money-laundering.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The Treasury Department is urging money transfer companies to increase their oversight of international transfers, while the Mexican government denies they are a channel for illicit activity]]></description><pubDate>Mon, 08 Dec 2025 12:12:16 +0000</pubDate><content:encoded><![CDATA[<p>The shadow of money laundering looms over more than<a href="https://english.elpais.com/economy-and-business/2024-01-08/the-many-faces-behind-remittances-every-week-i-sent-them-money-so-that-they-could-eat-what-we-were-not-able-to.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2024-01-08/the-many-faces-behind-remittances-every-week-i-sent-them-money-so-that-they-could-eat-what-we-were-not-able-to.html"> $51 billion in remittances</a> that cross from the United States to Mexico. Last week, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued an alert to money transfer companies — such as Western Union, MoneyGram, and Remitly — urging them to monitor the origins of cross-border transfers.</p> <p><a href="https://english.elpais.com/economy-and-business/2025-12-08/us-cracks-down-on-mexican-remittances-over-alleged-money-laundering.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/6GZJ2Z66CNBFXFXKXK6C62RUOE.jpg?auth=c371019bb7dd1176594eab75b6754d024abb02e2403905a3b986c912ffa148a7&amp;width=3000&amp;height=2134&amp;smart=true"><media:description type="plain"><![CDATA[Migrant sends money via Western Union, in a file photo.]]></media:description><media:credit role="author" scheme="urn:ebu">Joe Raedle</media:credit></media:content></item><item><title><![CDATA[Sheinbaum prepares emergency investment plan with business sector to stem economic downturn ]]></title><link>https://english.elpais.com/economy-and-business/2025-11-26/sheinbaum-prepares-emergency-investment-plan-with-business-sector-to-stem-economic-downturn.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2025-11-26/sheinbaum-prepares-emergency-investment-plan-with-business-sector-to-stem-economic-downturn.html</guid><dc:creator><![CDATA[Elia Castillo Jiménez, Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The Mexican government’s strategy outlines the creation of an infrastructure investment law to finance projects with social objectives that are also profitable]]></description><pubDate>Wed, 26 Nov 2025 10:33:52 +0000</pubDate><content:encoded><![CDATA[<p>Mexican President Claudia Sheinbaum is <a href="https://english.elpais.com/economy-and-business/2025-07-18/sheinbaum-accelerates-mexicos-economic-growth-plan-amid-us-tariff-tensions.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2025-07-18/sheinbaum-accelerates-mexicos-economic-growth-plan-amid-us-tariff-tensions.html">accelerating efforts</a> to forge a “grand national agreement” with the business sector to revive an economy showing clear signs of weakness. Despite a “cool head” approach to the United States and <a href="https://english.elpais.com/economy-and-business/2025-10-25/slowdown-in-industrial-activity-and-investment-casts-doubt-on-plan-mexicos-ability-to-shore-up-the-economy.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2025-10-25/slowdown-in-industrial-activity-and-investment-casts-doubt-on-plan-mexicos-ability-to-shore-up-the-economy.html">the Mexico Plan</a>, the country’s gross domestic product (GDP) fell by 0.3% due to a decline in industrial activity and decreases in consumption, as well as in public and private investment. With these warning signs, the president is urgently seeking an emergency plan with the private sector to reactivate joint ventures in infrastructure, housing construction, and connectivity. In line with this plan, Sheinbaum met this Monday at the National Palace with the country’s wealthiest man, <a href="https://english.elpais.com/international/2024-02-13/mexican-tycoon-carlos-slim-takes-stock-of-the-last-six-years-in-his-home-country-except-for-security-everything-looks-good-and-will-continue-to-go-well.html" target="_self" rel="" title="https://english.elpais.com/international/2024-02-13/mexican-tycoon-carlos-slim-takes-stock-of-the-last-six-years-in-his-home-country-except-for-security-everything-looks-good-and-will-continue-to-go-well.html">Mexican tycoon Carlos Slim</a>. For more than two hours, the president and the owner of the telecom América Móvil discussed, behind closed doors, the main obstacles to stimulating investment in the country. Following the meeting, which was also attended by the president of the Business Coordinating Council (CCE), Francisco Cervantes, Sheinbaum briefly reported on her social media that the meeting addressed the “good forecasts” for the economy in 2025 and 2026.</p> <p><a href="https://english.elpais.com/economy-and-business/2025-11-26/sheinbaum-prepares-emergency-investment-plan-with-business-sector-to-stem-economic-downturn.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/TF3WBVKLO5IYZAYDTRM3VC5VYU.jpg?auth=8e056d8e1ef87d3a55736ef4a03bebd63fc149c0a5c7a378f7271eda345a6f24&amp;width=4000&amp;height=2667&amp;smart=true"><media:description type="plain"><![CDATA[Francisco Cervantes, Carlos Slim, Claudia Sheinbaum and Marco Antonio Slim Domit, this Monday at the National Palace in Mexico City.]]></media:description><media:credit role="author" scheme="urn:ebu">Presidencia de México</media:credit></media:content></item><item><title><![CDATA[The Albanian mafia operating casinos for the Sinaloa Cartel ]]></title><link>https://english.elpais.com/international/2025-11-17/the-albanian-mafia-operating-casinos-for-the-sinaloa-cartel.html</link><guid isPermaLink="true">https://english.elpais.com/international/2025-11-17/the-albanian-mafia-operating-casinos-for-the-sinaloa-cartel.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez, Andrés Rodríguez ]]></dc:creator><description><![CDATA[The US Treasury Department has sanctioned the Hysa business empire for alleged laundering money for Mexican organized crime]]></description><pubDate>Mon, 17 Nov 2025 13:05:04 +0000</pubDate><content:encoded><![CDATA[<p>From the bright lights of gambling machines to luxury restaurants to suspected money laundering for the Sinaloa Cartel: the Trump administration last week dealt another blow to the heart of the finances of the criminal organization being fought over by the heirs of Joaquín “El Chapo” Guzmán and <a href="https://english.elpais.com/international/2025-08-26/el-mayo-zambada-and-the-drug-empire-that-benefited-from-corruption-in-mexico-keys-to-the-us-accusation-against-the-sinaloa-cartel-leader.html" target="_self" rel="" title="https://english.elpais.com/international/2025-08-26/el-mayo-zambada-and-the-drug-empire-that-benefited-from-corruption-in-mexico-keys-to-the-us-accusation-against-the-sinaloa-cartel-leader.html">Ismael “El Mayo” Zambada</a>. The U.S. Treasury Department has blocked the business empire of the Hysa family, originally from Albania, and a dozen Mexico-based gambling establishments for allegedly laundering money for the cartel. A recent report from the Financial Crimes Enforcement Network (FinCEN) details a complex network that included shell companies, multimillion-dollar transfers abroad, and payments to the cartel through these gambling establishments.</p> <p><a href="https://english.elpais.com/international/2025-11-17/the-albanian-mafia-operating-casinos-for-the-sinaloa-cartel.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/KVJD2PONYZBKDDJCDPD65DDFTA.jpg?auth=6f8b821edef345422e2e4ec0bcbff003b523bfe427733545a9b9f308d66021a4&amp;width=1283&amp;height=722&amp;smart=true"><media:description type="plain"><![CDATA[Emine Casino, accused of facilitating financial transactions linked to Hysa, is located in San Luis Río Colorado, Sonora.]]></media:description></media:content></item><item><title><![CDATA[US sanctions Hysa group and 10 Mexican casinos over alleged Sinaloa Cartel money laundering]]></title><link>https://english.elpais.com/usa/2025-11-13/us-sanctions-hysa-group-and-10-mexican-casinos-over-alleged-sinaloa-cartel-money-laundering.html</link><guid isPermaLink="true">https://english.elpais.com/usa/2025-11-13/us-sanctions-hysa-group-and-10-mexican-casinos-over-alleged-sinaloa-cartel-money-laundering.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The Treasury Department’s move comes a day after Mexico froze the bank accounts of 13 betting houses over their links to organized crime]]></description><pubDate>Thu, 13 Nov 2025 18:13:11 +0000</pubDate><content:encoded><![CDATA[<p>The U.S. Treasury Department’s crackdown on Mexican drug trafficking finances has now expanded to include a network of luxury restaurants and casinos in Mexico. The Office of Foreign Assets Control (OFAC) announced Thursday that, in a joint operation with Mexico, it has sanctioned 27 companies accused of allegedly laundering money on behalf of the <a href="https://english.elpais.com/international/2025-03-24/inside-the-sinaloa-cartel-the-united-states-knows-everything-about-los-chapitos-because-they-have-100-infiltration.html" target="_self" rel="" title="https://english.elpais.com/international/2025-03-24/inside-the-sinaloa-cartel-the-united-states-knows-everything-about-los-chapitos-because-they-have-100-infiltration.html">Sinaloa Cartel</a>. In the crosshairs are businesses owned by the Hysa group in Mexico, Canada, and Poland, as well as a dozen betting houses in the Mexican states of Sinaloa, Tabasco, Baja California, and Sonora.</p> <p><a href="https://english.elpais.com/usa/2025-11-13/us-sanctions-hysa-group-and-10-mexican-casinos-over-alleged-sinaloa-cartel-money-laundering.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/23HR3JW7PJH2LH6I3OVFUILXAQ.jpg?auth=6f245e009ac1942a23900960c2684645103298dd8cc14b15d79bd52814547545&amp;width=2720&amp;height=1814&amp;focal=1763%2C999"><media:description type="plain"><![CDATA[Slot machines at the Emine Casino in San Luis Rio Colorado, in an undated image.]]></media:description><media:credit role="author" scheme="urn:ebu">Casino Emine</media:credit></media:content></item><item><title><![CDATA[Slowdown in industrial activity and investment casts doubt on Plan Mexico’s ability to shore up the economy]]></title><link>https://english.elpais.com/economy-and-business/2025-10-25/slowdown-in-industrial-activity-and-investment-casts-doubt-on-plan-mexicos-ability-to-shore-up-the-economy.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2025-10-25/slowdown-in-industrial-activity-and-investment-casts-doubt-on-plan-mexicos-ability-to-shore-up-the-economy.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Although Claudia Sheinbaum’s government has touted its plan,  experts point to declining figures in sectors like manufacturing and construction, as well as weak public and private investment]]></description><pubDate>Sat, 25 Oct 2025 04:00:00 +0000</pubDate><content:encoded><![CDATA[<p>The Mexican economy has lost momentum in the second half of the year, as weak investment and industrial activity complicated the country’s third quarter outlook. Preliminary figures released Tuesday by Mexico’s National Institute of Statistics and Geography (INEGI) suggest that a year-over-year decline of 0.6% is to be expected in August and September. <a href="https://english.elpais.com/economy-and-business/2025-07-25/the-looming-threat-of-tariffs-and-judicial-reform-in-mexico-are-freezing-investments-along-the-us-border.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2025-07-25/the-looming-threat-of-tariffs-and-judicial-reform-in-mexico-are-freezing-investments-along-the-us-border.html">Amid tariff uncertainty</a> with the United States, the biggest setback last month was in industrial activity, which fell 0.3% compared to the same month in 2024. Although Claudia Sheinbaum’s government has <a href="https://english.elpais.com/international/2025-01-27/plan-mexico-sheinbaums-strategy-to-attract-investment-amid-uncertainty-over-trump.html" target="_self" rel="" title="https://english.elpais.com/international/2025-01-27/plan-mexico-sheinbaums-strategy-to-attract-investment-amid-uncertainty-over-trump.html">touted its Plan Mexico</a>’s ability to shore up the economy in the face of storm clouds, experts point to declining figures in sectors like manufacturing and construction, as well as weak public and private investment, which are casting a shadow over economic prospects heading into the final stretch of the year.</p> <p><a href="https://english.elpais.com/economy-and-business/2025-10-25/slowdown-in-industrial-activity-and-investment-casts-doubt-on-plan-mexicos-ability-to-shore-up-the-economy.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/GGOD6EOORNEMNDD5WNLT2RZY5E.jpg?auth=beef89d4b6cb875fa04ea538f4514c0ade91cd35f5636555d1866dc2050173fd&amp;width=3744&amp;height=2566&amp;focal=2168%2C1146"><media:description type="plain"><![CDATA[Worker at an automobile plant in Celaya, in a file photo.]]></media:description><media:credit role="author" scheme="urn:ebu">Eduardo Verdugo</media:credit></media:content></item><item><title><![CDATA[Mexico and US outline new security, migration, and trade agreement in the 11th hour of tariff extension]]></title><link>https://english.elpais.com/international/2025-10-23/mexico-and-us-outline-new-security-migration-and-trade-agreement-in-the-11th-hour-of-tariff-extension.html</link><guid isPermaLink="true">https://english.elpais.com/international/2025-10-23/mexico-and-us-outline-new-security-migration-and-trade-agreement-in-the-11th-hour-of-tariff-extension.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The Sheinbaum administration is confident of ‘reaching a successful conclusion’ in the negotiations with Washington]]></description><pubDate>Thu, 23 Oct 2025 11:19:47 +0000</pubDate><content:encoded><![CDATA[<p>Mexico is once again seeking to defuse <a href="https://english.elpais.com/economy-and-business/2025-04-08/the-tariff-bomb-wipes-out-10-trillion-in-stock-market-value-half-of-the-eus-entire-gdp.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2025-04-08/the-tariff-bomb-wipes-out-10-trillion-in-stock-market-value-half-of-the-eus-entire-gdp.html">Donald Trump’s tariff bomb</a> with a new collaboration agreement on security, migration, and trade. Next week, the truce granted by the U.S. president on implementing a tariff increase from 25% to 30% on Mexican exports outside the <a href="https://english.elpais.com/economy-and-business/2025-09-09/mexico-prepares-for-tough-usmca-treaty-negotiations-with-the-united-states.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2025-09-09/mexico-prepares-for-tough-usmca-treaty-negotiations-with-the-united-states.html">USMCA</a> expires. In the run-up to the end of this pause, both countries are preparing a series of commitments to curb migration, drug trafficking — particularly fentanyl — and the arrival of Asian imports to North America. The Ministry of Economy expects this new bilateral agreement to be finalized during the first week of November, at the <a href="https://english.elpais.com/economy-and-business/2025-09-19/trump-announces-china-visit-in-2026-after-call-with-xi-to-seal-us-tiktok-deal.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2025-09-19/trump-announces-china-visit-in-2026-after-call-with-xi-to-seal-us-tiktok-deal.html">Asia-Pacific Economic Cooperation (APEC) forum</a>, which will be held from October 31 to November 1 in South Korea. “We have several meetings at APEC and we need to see what position President Trump will take [on tariffs]. After that, I can provide detailed information on what will happen,” said Economy Secretary Marcelo Ebrard after participating in the Milken Institute’s Global Investors Symposium in Mexico City.</p> <p><a href="https://english.elpais.com/international/2025-10-23/mexico-and-us-outline-new-security-migration-and-trade-agreement-in-the-11th-hour-of-tariff-extension.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/GADPNGO4OVCYFDN7XALEALKL4Y.jpg?auth=06272e92d2d26a101188a79f7e6d9a6a17dfdef821582bf277050ba8f948190a&amp;width=5250&amp;height=3493&amp;smart=true"><media:description type="plain"><![CDATA[Otay Mesa Port, on the U.S.-Mexico border, in Tijuana, August 30.]]></media:description><media:credit role="author" scheme="urn:ebu">Carlos Moreno</media:credit></media:content></item><item><title><![CDATA[Mexico’s agri-food exports decline due to a perfect storm of the screwworm, tomato tariffs and tension over USMCA trade deal]]></title><link>https://english.elpais.com/economy-and-business/2025-09-23/mexicos-agri-food-exports-decline-due-to-a-perfect-storm-of-the-screwworm-tomato-tariffs-and-tension-over-usmca-trade-deal.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2025-09-23/mexicos-agri-food-exports-decline-due-to-a-perfect-storm-of-the-screwworm-tomato-tariffs-and-tension-over-usmca-trade-deal.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Food shipments from Mexico declined by 4.4% in the first seven months of the year, according to official data. More than 80% of these exports are destined for the US]]></description><pubDate>Tue, 23 Sep 2025 13:47:47 +0000</pubDate><content:encoded><![CDATA[<p>Mexican agricultural exports are declining. In seven months, the value of Mexico’s agri-food exports fell 4.4% compared to the same period in 2024. Figures from the Bank of Mexico show that the country sold $31.9 billion worth of agricultural products abroad from January to July of this year, a drop compared to the $33.4 billion reported for the same period in 2024. The loss of luster in the agricultural sector occurs amid the United States’ <a href="https://english.elpais.com/usa/2025-07-15/the-tomato-war-trump-breaks-an-old-treaty-to-hit-mexico-with-more-tariffs.html" target="_self" rel="" title="https://english.elpais.com/usa/2025-07-15/the-tomato-war-trump-breaks-an-old-treaty-to-hit-mexico-with-more-tariffs.html">tariff war on Mexican tomatoes</a>, as well as the closure of U.S. borders to Mexican beef due to the screwworm. On the other hand, Mexico imported $27 billion from this sector from January to July, an increase of 0.4% compared to 2024.</p> <p><a href="https://english.elpais.com/economy-and-business/2025-09-23/mexicos-agri-food-exports-decline-due-to-a-perfect-storm-of-the-screwworm-tomato-tariffs-and-tension-over-usmca-trade-deal.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/XRC3QPOGJGAUYQPG3XCQWZRQEE.jpg?auth=50db70e1b32f373dc89c2cda4d0df7bcab546103d767f7d4efeeae633260ac22&amp;width=3369&amp;height=2246&amp;focal=1546%2C1750"><media:description type="plain"><![CDATA[Export cattle in Chihuahua, in November 2024.]]></media:description><media:credit role="author" scheme="urn:ebu">Jose Luis Gonzalez</media:credit></media:content></item><item><title><![CDATA[Claudia Sheinbaum accelerates Mexico’s economic growth plan amid US tariff tensions]]></title><link>https://english.elpais.com/economy-and-business/2025-07-18/sheinbaum-accelerates-mexicos-economic-growth-plan-amid-us-tariff-tensions.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2025-07-18/sheinbaum-accelerates-mexicos-economic-growth-plan-amid-us-tariff-tensions.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The six-year strategy to attract investment is moving forward with agreements with business leaders, incentives for farmers, ranchers, and investors, and improved financing options]]></description><pubDate>Fri, 18 Jul 2025 13:00:43 +0000</pubDate><content:encoded><![CDATA[<p><a href="https://english.elpais.com/international/2025-01-27/plan-mexico-sheinbaums-strategy-to-attract-investment-amid-uncertainty-over-trump.html" target="_self" rel="" title="https://english.elpais.com/international/2025-01-27/plan-mexico-sheinbaums-strategy-to-attract-investment-amid-uncertainty-over-trump.html">Plan Mexico</a> — Mexican President Claudia Sheinbaum’s six-year roadmap to attract investment and bolster economic growth — is beginning to take shape amid a landscape full of uncertainties. The latest threat from former U.S. President Donald Trump to <a href="https://english.elpais.com/usa/2025-07-15/the-tomato-war-trump-breaks-an-old-treaty-to-hit-mexico-with-more-tariffs.html" target="_self" rel="" title="https://english.elpais.com/usa/2025-07-15/the-tomato-war-trump-breaks-an-old-treaty-to-hit-mexico-with-more-tariffs.html">raise tariffs on Mexican exports</a> to 30% starting August 1 once again puts pressure on Mexico. </p> <p><a href="https://english.elpais.com/economy-and-business/2025-07-18/sheinbaum-accelerates-mexicos-economic-growth-plan-amid-us-tariff-tensions.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/KDZJZE7KC5KR3BHZPU2GIAD74Y.jpg?auth=178e36277d12425e459669245afe2386ff75052b55745befa581a1ff5c9cf0a6&amp;width=2428&amp;height=1619&amp;focal=1178%2C177"><media:description type="plain"><![CDATA[Claudia Sheinbaum, July 14, 2025.]]></media:description><media:credit role="author" scheme="urn:ebu">Sáshenka Gutiérrez</media:credit></media:content></item><item><title><![CDATA[US set to deal a trade blow to Mexican agriculture with 17% tariff on its tomato exports]]></title><link>https://english.elpais.com/international/2025-07-15/us-set-to-deal-a-trade-blow-to-mexican-agriculture-with-17-tariff-on-its-tomato-exports.html</link><guid isPermaLink="true">https://english.elpais.com/international/2025-07-15/us-set-to-deal-a-trade-blow-to-mexican-agriculture-with-17-tariff-on-its-tomato-exports.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The Department of Commerce asserts that Mexican exporters engage in unfair trade practices that have affected US farmers]]></description><pubDate>Tue, 15 Jul 2025 08:14:03 +0000</pubDate><content:encoded><![CDATA[<p>More than $2.8 billion in Mexican tomato exports to the United States are at risk. The U.S. administration said on Monday that it is withdrawing a 2019 trade agreement that exempted tomato shipments <a href="https://english.elpais.com/economy-and-business/2025-07-14/trump-sows-confusion-and-some-indifference-with-his-tariff-swings.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2025-07-14/trump-sows-confusion-and-some-indifference-with-his-tariff-swings.html">from paying tariffs</a>. Thus, from now on tomato shipments from Mexico will pay a 17% tariff. </p> <p><a href="https://english.elpais.com/international/2025-07-15/us-set-to-deal-a-trade-blow-to-mexican-agriculture-with-17-tariff-on-its-tomato-exports.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/BNPSCQZJSJHLRGAXN2IGEZFD5U.jpg?auth=88c33ab2d8d23905d4cdb0c5872e2f968e1baa8acd7be3c459aece29c749c55c&amp;width=4500&amp;height=3000&amp;smart=true"><media:description type="plain"><![CDATA[Crates of tomatoes at the Central de Abasto in Mexico City, on July 12.]]></media:description><media:credit role="author" scheme="urn:ebu">Mauricio Palos</media:credit></media:content></item><item><title><![CDATA[The 3.5% tax on remittances: A blow of over $2.7 billion for undocumented Mexican migrants]]></title><link>https://english.elpais.com/economy-and-business/2025-05-26/the-35-tax-on-remittances-a-blow-of-over-27-billion-for-undocumented-mexican-migrants.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2025-05-26/the-35-tax-on-remittances-a-blow-of-over-27-billion-for-undocumented-mexican-migrants.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez, Luis Pablo Beauregard]]></dc:creator><description><![CDATA[The Sheinbaum government says it will continue lobbying to stop the levy, which will affect four million Mexicans in the US]]></description><pubDate>Mon, 26 May 2025 09:48:03 +0000</pubDate><content:encoded><![CDATA[<p>Ramona Luna Mendoza, 58, works in the fields and cares for her parents in Santa Inés Ahuatempan, in the Mexican state of Puebla. In her youth, she and her sisters decided to migrate to Los Angeles, as other relatives had done before them. For decades, the Luna Mendoza sisters cleaned houses in the wealthiest neighborhoods. In her case, she sent much of the money she earned back home to her parents and children. </p> <p><a href="https://english.elpais.com/economy-and-business/2025-05-26/the-35-tax-on-remittances-a-blow-of-over-27-billion-for-undocumented-mexican-migrants.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/2M7YRUOKXFEARBYKU64F32Z4GY.jpg?auth=65a48916422342d30385ae7a25360ef79ab00734712764398e65547fde185b55&amp;width=3000&amp;height=1688&amp;focal=707%2C137"><media:description type="plain"><![CDATA[A currency exchange office in New Jersey on March 28, 2011.]]></media:description><media:credit role="author" scheme="urn:ebu">Spencer Platt</media:credit></media:content></item><item><title><![CDATA[United States pressures Mexican banks to curb cartel money laundering]]></title><link>https://english.elpais.com/usa/2025-05-19/united-states-pressures-mexican-banks-to-curb-cartel-money-laundering.html</link><guid isPermaLink="true">https://english.elpais.com/usa/2025-05-19/united-states-pressures-mexican-banks-to-curb-cartel-money-laundering.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The DEA has raised concerns about increasingly diversified schemes involving Chinese criminal networks, cryptocurrencies, and international trade. The Mexican financial system has expressed its willingness to collaborate]]></description><pubDate>Mon, 19 May 2025 08:01:13 +0000</pubDate><content:encoded><![CDATA[<p>The U.S. Treasury Department has laid its cards on the table in a quick, closed-door visit with Mexican bankers and authorities to strengthen the anti-money laundering measures between the two countries. Emilio Romano, the new president of the Mexican Banking Association (ABM), stated after the meeting — held during the recent Banking Convention in Nayarit — that Mexican banks are ready to cooperate with the White House. This first meeting comes amid <a href="https://english.elpais.com/international/2025-05-16/security-ties-between-mexico-and-us-strained-by-veiled-threats.html" target="_blank" rel="noreferrer" title="https://english.elpais.com/international/2025-05-16/security-ties-between-mexico-and-us-strained-by-veiled-threats.html">Donald Trump’s tariff war</a>, the tightening of U.S. policy against Mexican cartels, and the Republican’s ongoing criticism of Mexico’s lack of action in <a href="https://english.elpais.com/international/2024-02-05/from-drug-trafficking-to-tobacco-cigarettes-become-a-new-branch-of-business-for-mexican-cartels.html" target="_blank" rel="noreferrer" title="https://english.elpais.com/international/2024-02-05/from-drug-trafficking-to-tobacco-cigarettes-become-a-new-branch-of-business-for-mexican-cartels.html">combating organized crime.</a></p> <p><a href="https://english.elpais.com/usa/2025-05-19/united-states-pressures-mexican-banks-to-curb-cartel-money-laundering.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/S4KXRTHWORCVHLPOLGIF63WJDQ.jpg?auth=f1d34d542c02217879125743f70087413eccb8780a8ba5d16a9575e19196697e&amp;width=1920&amp;height=1080&amp;smart=true"><media:description type="plain"><![CDATA[Members of the Mexican Banking Association during the start of activities of the 88th Banking Convention, in the state of Nayarit, Mexico, on May 8, 2025.]]></media:description><media:credit role="author" scheme="urn:ebu">fdo_soliscamara </media:credit></media:content></item><item><title><![CDATA[The 5% remittance tax threat: A new flashpoint between Mexico and the US]]></title><link>https://english.elpais.com/international/2025-05-17/the-5-remittance-tax-threat-a-new-flashpoint-between-mexico-and-the-us.html</link><guid isPermaLink="true">https://english.elpais.com/international/2025-05-17/the-5-remittance-tax-threat-a-new-flashpoint-between-mexico-and-the-us.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Congress is moving forward with a proposal to tax money sent abroad. Analysts estimate the decision could cost Mexico at least $3.25 billion annually]]></description><pubDate>Sat, 17 May 2025 04:00:00 +0000</pubDate><content:encoded><![CDATA[<p><a href="https://english.elpais.com/economy-and-business/2024-01-08/the-many-faces-behind-remittances-every-week-i-sent-them-money-so-that-they-could-eat-what-we-were-not-able-to.html" target="_self" rel="" title="https://english.elpais.com/economy-and-business/2024-01-08/the-many-faces-behind-remittances-every-week-i-sent-them-money-so-that-they-could-eat-what-we-were-not-able-to.html">Remittances</a>, one of Mexico’s main sources of foreign currency, are now in the crosshairs of U.S. tax policy. A U.S. House of Representatives committee on Wednesday approved a proposal to impose a 5% tax on remittances. Although Democrats rejected the bill, Republicans unanimously supported the initiative from their caucus. If implemented, more than 40 million people would be affected, including permanent residents and holders of non-immigrant visas; only U.S. citizens would be exempt. For Mexico specifically, this would represent a blow of at least $3.25 billion annually.</p> <p><a href="https://english.elpais.com/international/2025-05-17/the-5-remittance-tax-threat-a-new-flashpoint-between-mexico-and-the-us.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/7OYTFCIUBJDTTFLMLFS7XSUNUM.jpg?auth=8fe0a4fedc9e9c26ac8aefc20bb153e3a593d30ef9098e4daaf8bf0428c9515a&amp;width=3000&amp;height=2001&amp;smart=true"><media:description type="plain"><![CDATA[A money transfer service specializing in transfers to Latin America in New Jersey, United States.]]></media:description><media:credit role="author" scheme="urn:ebu">Spencer Platt</media:credit></media:content></item><item><title><![CDATA[Mexican auto industry on edge after Trump’s new tariffs on imported cars]]></title><link>https://english.elpais.com/economy-and-business/2025-03-27/mexican-auto-industry-on-edge-after-trumps-new-tariffs-on-imported-cars.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2025-03-27/mexican-auto-industry-on-edge-after-trumps-new-tariffs-on-imported-cars.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Mexico's exporters are confident they can bypass much of the tariff due to an exception: auto parts that meet USMCA requirements will be temporarily exempt]]></description><pubDate>Thu, 27 Mar 2025 10:07:45 +0000</pubDate><content:encoded><![CDATA[<p>The Mexican automotive industry, the country’s largest exporter, is facing its biggest challenge in years. <a href="https://english.elpais.com/economy-and-business/2025-03-04/trump-initiates-trade-war-with-mexico-and-canada-by-applying-25-tariffs.html" target="_blank">U.S. President Donald Trump</a> has ordered the imposition of a 25% tariff on all vehicles not produced in the United States, effective April 3.</p> <p><a href="https://english.elpais.com/economy-and-business/2025-03-27/mexican-auto-industry-on-edge-after-trumps-new-tariffs-on-imported-cars.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/KMLN6MSTRVDGFB2OL746R3HUFQ.jpg?auth=030b7c094724daa96d17849ce714ac62e3bd2bb5db6f348a335dc7294ebe8f56&amp;width=4000&amp;height=2250&amp;smart=true"><media:description type="plain"><![CDATA[The Ford Cuautitlán Plant, in the State of Mexico, on March 13, 2025.]]></media:description><media:credit role="author" scheme="urn:ebu">Mónica González Islas</media:credit></media:content></item><item><title><![CDATA[Trump’s tariffs on aluminum and steel add uncertainty to the markets]]></title><link>https://english.elpais.com/economy-and-business/2025-03-12/trumps-tariffs-on-aluminum-and-steel-add-uncertainty-to-the-markets.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2025-03-12/trumps-tariffs-on-aluminum-and-steel-add-uncertainty-to-the-markets.html</guid><dc:creator><![CDATA[Iker Seisdedos García, Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Canada and Mexico are the main victims of a measure that undermines the North American common trade area]]></description><pubDate>Wed, 12 Mar 2025 09:12:34 +0000</pubDate><content:encoded><![CDATA[<p>If anything has become clear in Donald Trump’s 50 days in office, it’s that his threats—especially regarding tariffs—aren’t always carried out. The 25% tariff on aluminum and steel imports did go into effect after midnight on Tuesday, Washington time. But it’s unclear, given what we’ve seen, for how long, or whether the time-consuming negotiations between his neighbors and main trading partners, Mexico <a href="https://english.elpais.com/international/2025-03-11/an-experienced-and-pragmatic-economist-to-succeed-trudeau-and-take-on-trump.html">and Canada</a>, will succeed, as they have several times in recent weeks, in lifting them, or at the very least in delaying them. The tariffs will affect around $150 billion in imported consumer products, according to Bloomberg.</p> <p><a href="https://english.elpais.com/economy-and-business/2025-03-12/trumps-tariffs-on-aluminum-and-steel-add-uncertainty-to-the-markets.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/PXBR4SZZ22SMQUAEOPJP4CQXMY.jpg?auth=2d883f340b8947757186b854fe88d0f012f9e84417741ff96c84e9ac40666d31&amp;width=6000&amp;height=4000&amp;focal=3798%2C2421"><media:description type="plain"><![CDATA[Workers at a metalworking parts factory in Apodaca, on March 11, 2025.]]></media:description><media:credit role="author" scheme="urn:ebu">Daniel Becerril</media:credit></media:content></item><item><title><![CDATA[More brakes on Chinese investment and technology: This is how Mexico obtained the new tariff extension]]></title><link>https://english.elpais.com/economy-and-business/2025-02-27/more-brakes-on-chinese-investment-and-technology-this-is-how-mexico-obtained-the-new-tariff-extension.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2025-02-27/more-brakes-on-chinese-investment-and-technology-this-is-how-mexico-obtained-the-new-tariff-extension.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez, Elias Camhaji Mascorro]]></dc:creator><description><![CDATA[In addition to its crackdown on drug trafficking, the Mexican government is prioritizing greater control over Chinese investments and higher tariffs on microchips and semiconductors from that country]]></description><pubDate>Thu, 27 Feb 2025 08:20:36 +0000</pubDate><content:encoded><![CDATA[<p>Mexico has received a new breath of fresh air as it deals with <a href="https://english.elpais.com/economy-and-business/2025-02-05/trump-takes-his-protectionist-approach-even-further-this-time.html">Donald Trump’s tariff threats.</a> The U.S. president has postponed a general 25% tariff on imports from Mexico and Canada until April 2. This is the second respite that the governments of Claudia Sheinbaum and Justin Trudeau have received after promising a series of actions aimed at stopping drug trafficking, illegal immigration and Asian imports. Sources familiar with the talks told EL PAÍS that the new deadline is subject to the Mexican government delivering new blows to the drug cartels, to greater control over Chinese investment, and to the imposition by Mexico of 25% tariffs on Chinese semiconductors and microchips.</p> <p><a href="https://english.elpais.com/economy-and-business/2025-02-27/more-brakes-on-chinese-investment-and-technology-this-is-how-mexico-obtained-the-new-tariff-extension.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/FUVS7MRBEBF4VBWLIAUCXLRDLY.jpg?auth=fbe15a33fb326687c4be72cdd706059263c76f42eaa5122b655c4e1d10b7ea83&amp;width=4000&amp;height=2667&amp;focal=2047%2C1103"><media:description type="plain"><![CDATA[The Ysleta-Zaragoza International Bridge, on the border between the US and Mexico in Ciudad Juárez, in December 2024.]]></media:description><media:credit role="author" scheme="urn:ebu">David Peinado</media:credit></media:content></item><item><title><![CDATA[Mexico, on edge amid Trump’s tariff war]]></title><link>https://english.elpais.com/international/2025-02-01/mexico-on-edge-amid-trumps-tariff-war.html</link><guid isPermaLink="true">https://english.elpais.com/international/2025-02-01/mexico-on-edge-amid-trumps-tariff-war.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The market predicts that a 25% tariff on imports, as the White House is considering, would place Mexico on the brink of a recession.]]></description><pubDate>Sat, 01 Feb 2025 16:32:53 +0000</pubDate><content:encoded><![CDATA[<p>True to his style of tough negotiator, <a href="https://english.elpais.com/usa/2025-02-01/trump-destroys-life-on-the-border.html">President Donald Trump</a> has taken his tariff threat against Mexico, Canada and China to the limit. The Republican has insisted that “nothing” can spare his neighbors from the tariffs he intends to impose on them as of this Saturday: 25% for Mexico and Canada, and 10% for China. A few hours before the deadline to apply these measures, the president has gone a step further, by assuring that he will set taxes on imports of steel, aluminum, oil, gas, pharmaceuticals and semiconductors. The U.S. warnings, for now, are only in discourse, however, the economic danger for Mexico remains latent. The <a href="https://english.elpais.com/economy-and-business/2025-01-31/sheinbaum-on-trumps-tariff-threats-we-have-a-plan-a-a-plan-b-and-a-plan-c-were-going-to-wait.html">second-largest economy in Latin America</a>, and main importer of the US, is holding its breath waiting for an agreement in extremis between both governments to avoid the new taxes or, on the contrary, to confirm and know the size of the so-called “tariff wall” of the Trump era.</p> <p><a href="https://english.elpais.com/international/2025-02-01/mexico-on-edge-amid-trumps-tariff-war.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/3QPNUJJNFFMDNH2IKTSIFN5SRU.jpg?auth=49a95b86be7196875947f294b55f92dfcb244faf92eed30a13f2d863dab94102&amp;width=4862&amp;height=3335&amp;focal=2300%2C790"><media:description type="plain"><![CDATA[Donald Trump on his arrival in Florida, United States, on January 31.]]></media:description><media:credit role="author" scheme="urn:ebu">Kevin Lamarque</media:credit></media:content></item><item><title><![CDATA[Sheinbaum on Trump’s tariff threats: ‘We have a plan A, a plan B and a plan C. We’re going to wait’]]></title><link>https://english.elpais.com/economy-and-business/2025-01-31/sheinbaum-on-trumps-tariff-threats-we-have-a-plan-a-a-plan-b-and-a-plan-c-were-going-to-wait.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2025-01-31/sheinbaum-on-trumps-tariff-threats-we-have-a-plan-a-a-plan-b-and-a-plan-c-were-going-to-wait.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Mexico estimates the impact on American consumers of a 25% tariff on Mexican imports at more than $10 billion]]></description><pubDate>Fri, 31 Jan 2025 18:51:06 +0000</pubDate><content:encoded><![CDATA[<p>Hours before the deadline for U.S. President Donald Trump <a href="https://english.elpais.com/economy-and-business/2025-01-31/trump-insists-he-will-impose-25-tariffs-on-mexico-and-canada-on-february-1.html">to impose a general 25% tariff </a>on Mexican imports expires, Mexican President Claudia Sheinbaum stated, without providing further details, that her government has a plan to deal with Trump’s “tariff wall” should it be applied starting this Saturday. “We will always maintain a dialogue with the United States. We have a plan A, a plan B, a plan C, for whatever the United States government decides. We will wait with a cool head, making decisions; we are prepared and we will maintain this dialogue,” she declared on Friday at the National Palace.</p> <p><a href="https://english.elpais.com/economy-and-business/2025-01-31/sheinbaum-on-trumps-tariff-threats-we-have-a-plan-a-a-plan-b-and-a-plan-c-were-going-to-wait.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/5ADAR4AIV67MF36PJS2OD5MA7A.jpg?auth=5a9961cd7a0e4ef056692ceea31c949d4094231312e67be74a3c78bc9a6cf47d&amp;width=3744&amp;height=2496&amp;focal=1745%2C987"><media:description type="plain"><![CDATA[Claudia Sheinbaum at the morning press conference at the National Palace.]]></media:description><media:credit role="author" scheme="urn:ebu">Sáshenka Gutiérrez</media:credit></media:content></item><item><title><![CDATA[Plan Mexico: Sheinbaum’s strategy to attract investment amid uncertainty over Trump]]></title><link>https://english.elpais.com/international/2025-01-27/plan-mexico-sheinbaums-strategy-to-attract-investment-amid-uncertainty-over-trump.html</link><guid isPermaLink="true">https://english.elpais.com/international/2025-01-27/plan-mexico-sheinbaums-strategy-to-attract-investment-amid-uncertainty-over-trump.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The six-year roadmap, which seeks to curb the arrival of Asian imports and increase national production, must first overcome tariff threats from the U.S. and the upcoming review of the USMCA]]></description><pubDate>Mon, 27 Jan 2025 11:33:20 +0000</pubDate><content:encoded><![CDATA[<p>Mexico is aiming for a complete turnaround in its industrial policy through the “<a href="https://english.elpais.com/international/2025-01-14/mexico-has-a-plan-sheinbaum-addresses-uncertainty-a-week-before-trump-returns-to-the-white-house.html" target="_blank">Plan Mexico” initiative</a>. President Claudia Sheinbaum unveiled her ambitious six-year strategy this month, which is aimed at targeting $277 billion in investments, reducing imports from Asia — particularly China — and boosting domestic and North American production. While Sheinbaum insists that the plan is not a direct response to U.S. President Donald Trump’s recent threats of<a href="https://english.elpais.com/economy-and-business/2024-12-16/mexican-business-leaders-brace-for-trumps-tariffs-we-must-take-his-threats-very-seriously.html" target="_blank"> imposing a 25% tariff </a>on Mexican imports, the government’s blueprint arrives in a challenging context due to the uncertainty generated by Trump’s rhetoric, a slowdown in local consumption, and an overall economic deceleration in the country.</p> <p><a href="https://english.elpais.com/international/2025-01-27/plan-mexico-sheinbaums-strategy-to-attract-investment-amid-uncertainty-over-trump.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/ARHRLN67M2YAEGRCGB3B25NJAM.jpg?auth=4b693938d48a26e5d0745d831c358408b82b2652ed0b3aafadf7040815901da6&amp;width=3744&amp;height=2496&amp;focal=2130%2C1020"><media:description type="plain"><![CDATA[Claudia Sheinbaum during a morning press conference at the National Palace in Mexico City.]]></media:description><media:credit role="author" scheme="urn:ebu">Sáshenka Gutiérrez</media:credit></media:content></item><item><title><![CDATA[The USMCA in graphs: More exports, more foreign investment but weak economic growth  ]]></title><link>https://english.elpais.com/economy-and-business/2024-12-21/the-usmca-in-graphs-more-exports-more-foreign-investment-but-weak-economic-growth.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2024-12-21/the-usmca-in-graphs-more-exports-more-foreign-investment-but-weak-economic-growth.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez, Patricia  San Juan]]></dc:creator><description><![CDATA[The free trade agreement is at a crucial crossroads due to Trump’s threat of protectionist tariffs and a review coming up in 2026]]></description><pubDate>Sat, 21 Dec 2024 04:30:00 +0000</pubDate><content:encoded><![CDATA[<p>By the end of the 1990s, then-Mexican President Carlos Salinas de Gortari had successfully concluded the renegotiation of the foreign debt and already had his sights set on his next goal: signing a free trade agreement with the United States to boost the country’s economic growth. With a postgraduate degree from Harvard, Salinas de Gortari considered this a chance to boost Mexico’s economic conditions. As the 1990s dawned, the North American Free Trade Agreement (NAFTA), was born.</p> <p><a href="https://english.elpais.com/economy-and-business/2024-12-21/the-usmca-in-graphs-more-exports-more-foreign-investment-but-weak-economic-growth.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/T5ZOT4JSGRDTFCODK47FQGAQSI.jpg?auth=7d2894097e1d35633dc306245eb06cf669c8e1a923fc85018ce2f6d15708a778&amp;width=5000&amp;height=3333&amp;focal=2416%2C1602"><media:description type="plain"><![CDATA[A worker at the BorgWarner Inc. manufacturing facility in San Luis Potosi, Mexico.]]></media:description><media:credit role="author" scheme="urn:ebu">Mauricio Palos</media:credit></media:content></item><item><title><![CDATA[Mexican business leaders brace for Trump’s tariffs: ‘We must take his threats very seriously’]]></title><link>https://english.elpais.com/economy-and-business/2024-12-16/mexican-business-leaders-brace-for-trumps-tariffs-we-must-take-his-threats-very-seriously.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2024-12-16/mexican-business-leaders-brace-for-trumps-tariffs-we-must-take-his-threats-very-seriously.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Representatives of the private sector warn that if the Republican follows through with his promises, they will be forced to rethink their business plans]]></description><pubDate>Mon, 16 Dec 2024 10:43:21 +0000</pubDate><content:encoded><![CDATA[<p>In the lead-up to Donald Trump’s arrival at the White House, business leaders across the border are bracing for a storm. The Republican’s<a href="https://english.elpais.com/economy-and-business/2024-11-28/trumps-threatened-tariff-on-mexico-and-canada-could-cost-us-households-1300-a-year.html" target="_blank"> threat to impose 25% tariffs on Mexican imports </a>if the Mexican government fails to curb migration and drug trafficking has put significant pressure on both the Sheinbaum administration and the business community. This issue is far from trivial — more than 82% of Mexico’s exports are directed to the United States, a relationship that has made it the U.S.’s largest trading partner,<a href="https://english.elpais.com/economy-and-business/2024-01-10/mexico-set-to-surpass-china-as-the-largest-exporter-to-the-us-in-2023.html" target="_blank"> surpassing China and Canada.</a> From January to October of this year, the value of these exports topped $424 billion, marking a 6.4% increase compared to the same period in 2023, according to official data.</p> <p><a href="https://english.elpais.com/economy-and-business/2024-12-16/mexican-business-leaders-brace-for-trumps-tariffs-we-must-take-his-threats-very-seriously.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/3Z3PYFBLC5DEFL6IFWVLQLIWME.jpg?auth=738d2715929bac97b60bf4db88d59b74ffc35c63e570ae867d29252b3773f0fa&amp;width=5636&amp;height=3170&amp;smart=true"><media:description type="plain"><![CDATA[Donald Trump at the Arizona border in August.]]></media:description><media:credit role="author" scheme="urn:ebu">Evan Vucci</media:credit></media:content></item><item><title><![CDATA[The business magnates’ long goodbye: How the world’s richest people are planning their succession]]></title><link>https://english.elpais.com/economy-and-business/2024-10-27/the-business-magnates-long-goodbye-how-the-worlds-richest-people-are-planning-their-succession.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2024-10-27/the-business-magnates-long-goodbye-how-the-worlds-richest-people-are-planning-their-succession.html</guid><dc:creator><![CDATA[David Fernández Díaz, Miguel Jiménez Cabeza, Inma  Bonet Bailén, Lorena  Pacho, Rafa De Miguel , Daniel Verdú, Almudena de Cabo, Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Warren Buffett, Rupert Murdoch, Carlos Slim, Amancio Ortega, Juan Roig, Giorgio Armani and Bernard Arnault are facing one of the most critical moments for any family business: generational change. And in some cases, it is far from clear who will be their successor]]></description><pubDate>Sun, 27 Oct 2024 04:05:00 +0000</pubDate><content:encoded><![CDATA[<p>“This whole family is a nest of vipers. They’ll wrap themselves around you and suffocate you.” These were the words of Ewan Roy, Logan’s older brother in the <a href="https://english.elpais.com/culture/2023-05-31/all-the-episodes-of-succession-ranked-from-worst-to-best-five-constants-that-define-the-series.html" target="_blank">hit HBO series <i>Succession</i></a>, as he warned his grandson Greg about the dangers of entering the family business. The series, with its volcanic patriarch Logan Roy and the ruthless battle for control of the media conglomerate Waystar Royco, presents an extreme parody of the power struggles that can arise when a leader’s reign nears its end. But sometimes, fiction and reality aren’t that far apart. Generational transitions are among the most delicate and challenging moments in the life of a family business.</p> <p><a href="https://english.elpais.com/economy-and-business/2024-10-27/the-business-magnates-long-goodbye-how-the-worlds-richest-people-are-planning-their-succession.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/4R53XFDXBFDGZONBMIPSIIEFV4.jpg?auth=ca609dd289693a63e7dd963b0a08e60a3688f552c359a823ca6dc0deb23f9b13&amp;width=2400&amp;height=1350&amp;smart=true"><media:credit role="author" scheme="urn:ebu">Sr.García</media:credit></media:content></item><item><title><![CDATA[Sheinbaum seeks to boost Mexican economy with the help of US private investment]]></title><link>https://english.elpais.com/economy-and-business/2024-10-15/sheinbaum-seeks-to-boost-mexican-economy-with-the-help-of-us-private-investment.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2024-10-15/sheinbaum-seeks-to-boost-mexican-economy-with-the-help-of-us-private-investment.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The new president and her top Cabinet members are meeting with 60 business leaders attending a summit to discuss the USMCA trade accord and mend the relationship with the private sector]]></description><pubDate>Tue, 15 Oct 2024 13:20:32 +0000</pubDate><content:encoded><![CDATA[<p>The large capital holders of Mexico and the United States are eagerly awaiting their first meeting with <a href="https://english.elpais.com/international/2024-06-02/claudia-sheinbaum-the-science-of-politics.html">President Claudia Sheinbaum.</a> The Mexican president and her Cabinet will be a key part of the 14th U.S.-Mexico CEO Dialogue, a business summit bringing together corporate leaders that is taking place at the Club de Banqueros venue in Mexico City. The heads of Mexico’s main companies, including América Móvil, Amazon in Mexico, Tenaris Tamsa and Mexico Pacific are due to meet with the president on Tuesday to address some of the issues that concern them the most: investment incentives, the <a href="https://english.elpais.com/economy-and-business/2024-05-22/tariffs-unions-and-gm-corn-the-us-mexico-and-canada-try-to-iron-out-usmca-trade-disputes.html">renegotiation of the United States–Mexico–Canada Agreement </a>(USMCA), the future of energy policy, and projects around climate change, among others.</p> <p><a href="https://english.elpais.com/economy-and-business/2024-10-15/sheinbaum-seeks-to-boost-mexican-economy-with-the-help-of-us-private-investment.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/WHS4HEXWMZH6XLMLEE3N3JSCHM.jpg?auth=d2e79069f872adf41f1d4c1529c2e2bf6b967a3c2a7949b48f72b444cab6a0d8&amp;width=4128&amp;height=2752&amp;focal=2687%2C437"><media:description type="plain"><![CDATA[Claudia Sheinbaum in Nezahualcóyotl, State of Mexico, in October 2024.]]></media:description></media:content></item><item><title><![CDATA[Latin American left celebrates Sheinbaum’s victory in Mexico’s presidential election]]></title><link>https://english.elpais.com/international/2024-06-03/latin-american-left-celebrates-sheinbaums-victory-in-mexicos-presidential-election.html</link><guid isPermaLink="true">https://english.elpais.com/international/2024-06-03/latin-american-left-celebrates-sheinbaums-victory-in-mexicos-presidential-election.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Current and former political leaders from countries including Colombia, Honduras and Guatemala have congratulated the Morena representative, who is poised to become the first woman to lead the country]]></description><pubDate>Mon, 03 Jun 2024 09:55:45 +0000</pubDate><content:encoded><![CDATA[<p>Claudia Sheinbaum’s resounding victory in Mexico’s presidential election on Sunday has triggered a wave of reaction on the world stage. Leaders and politicians from Latin America, the United States and Europe congratulated the representative of the governing Morena party even before the official data from the preliminary count was released by the National Electoral Institute (INE), which confirmed Sheinbaum’s victory around midnight. The winner took an average of 59.5% of the votes, representing a 30-point lead over her main opponent, Xóchitl Gálvez. Sheinbaum will be the first female president of Mexico and of North America, a historic milestone that has been applauded by former and current world leaders.</p> <p><a href="https://english.elpais.com/international/2024-06-03/latin-american-left-celebrates-sheinbaums-victory-in-mexicos-presidential-election.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/JAHEYYEWL5QYVZFXWK6UFTF4D4.jpg?auth=0b906e4017ec817e0f9177fff5842c23494f654acfe29bdbe953bbe28412c0dc&amp;width=5500&amp;height=3726&amp;focal=2209%2C2113"><media:description type="plain"><![CDATA[Claudia Sheinbaum, gestures while addressing her supporters after winning the presidential election, at Zocalo Square in Mexico City, Mexico June 3, 2024.]]></media:description><media:credit role="author" scheme="urn:ebu">Alexandre Meneghini</media:credit></media:content></item><item><title><![CDATA[Tariffs, unions and GM corn: the US, Mexico and Canada try to iron out USMCA trade disputes]]></title><link>https://english.elpais.com/economy-and-business/2024-05-22/tariffs-unions-and-gm-corn-the-us-mexico-and-canada-try-to-iron-out-usmca-trade-disputes.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2024-05-22/tariffs-unions-and-gm-corn-the-us-mexico-and-canada-try-to-iron-out-usmca-trade-disputes.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Representatives of the three countries are to meet in Arizona to discuss the challenges of North American economic integration against the background of presidential elections and the trade war with China]]></description><pubDate>Wed, 22 May 2024 08:20:52 +0000</pubDate><content:encoded><![CDATA[<p>Mexico, the United States and Canada are preparing the ground for the first six-year review of their free trade agreement, the USMCA, which was signed in 2018 and went into effect in 2020, replacing NAFTA. This week, trade representatives from all three countries will meet in Phoenix, Arizona for the fourth meeting of the agreement’s Free Trade Commission. The meeting between U.S. Trade Representative Katherine Tai, Mexico’s Secretary of the Economy Raquel Buenrostro, and the Canadian Minister of Export Promotion, International Trade and Economic Development, Mary Ng, will be held behind closed doors, but a joint statement is expected afterwards.</p> <p><a href="https://english.elpais.com/economy-and-business/2024-05-22/tariffs-unions-and-gm-corn-the-us-mexico-and-canada-try-to-iron-out-usmca-trade-disputes.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/DGXZGEF2KBF6RFBC3KMZVH37VE.jpeg?auth=2e08d6650e37cdb87038f6b32dd9885e76ff64e2bdd3af71931c3c02e98b3bd7&amp;width=1280&amp;height=852&amp;smart=true"><media:description type="plain"><![CDATA[The trade representatives of Mexico, the United States and Canada meeting in Cancún (Mexico), in July 2023.]]></media:description></media:content></item><item><title><![CDATA[Mexico’s economy grows 0.2% in the first quarter of the year]]></title><link>https://english.elpais.com/economy-and-business/2024-04-30/mexicos-economy-grows-02-in-the-first-quarter-of-the-year.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2024-04-30/mexicos-economy-grows-02-in-the-first-quarter-of-the-year.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Latin America’s second economy continued its good streak and reported slight growth, supported by dynamic trade and tourism]]></description><pubDate>Tue, 30 Apr 2024 19:11:19 +0000</pubDate><content:encoded><![CDATA[<p>Mexico’s economy registered slight growth in the first quarter of 2024 compared to the previous three months. Gross Domestic Product (GDP) grew 0.2% from January to March, driven by the services sector, which includes trade and tourism, according to the report published this Tuesday by the national statistics bureau Inegi. The quarterly growth implies a moderate acceleration compared to the fourth quarter of 2023, when GDP grew only 0.1%. <a href="https://english.elpais.com/economy-and-business/2023-12-19/defying-forecasts-why-is-mexicos-economy-growing.html">Mexico’s GDP continued its good streak</a> and the results exceeded analysts’ forecasts.</p> <p><a href="https://english.elpais.com/economy-and-business/2024-04-30/mexicos-economy-grows-02-in-the-first-quarter-of-the-year.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/H6E7NIHI2NCFBOLZ2GST6JXR4U.jpeg?auth=81fb0b64e3785973ee3f5fe18e80d52ee57c815bde7f857505f396aa4752f2ca&amp;width=3000&amp;height=1688&amp;smart=true"><media:description type="plain"><![CDATA[Tourists and locals walk in Chapultepec Park, in Mexico City, in March 2024.]]></media:description><media:credit role="author" scheme="urn:ebu">SOPA Images</media:credit></media:content></item><item><title><![CDATA[Jorge Vallejo, general director of Chinese auto company BYD: ‘We want to democratize the use of electric cars in Mexico’]]></title><link>https://english.elpais.com/economy-and-business/2024-04-06/jorge-vallejo-director-general-of-chinese-auto-company-byd-we-want-to-democratize-the-use-of-electric-cars-in-mexico.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2024-04-06/jorge-vallejo-director-general-of-chinese-auto-company-byd-we-want-to-democratize-the-use-of-electric-cars-in-mexico.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The executive says that construction of a plant with the capacity to produce 300,000 vehicles will begin this year. The firm is continuing to analyze the best spot for this new factory]]></description><pubDate>Sat, 06 Apr 2024 13:36:10 +0000</pubDate><content:encoded><![CDATA[<p>The Chinese automotive <a href="https://english.elpais.com/economy-and-business/2024-01-03/chinas-byd-is-rivaling-tesla-in-size-can-it-also-match-its-global-reach.html" target="_blank">Build Your Dreams</a> (BYD) has<a href="https://english.elpais.com/economy-and-business/2024-01-09/china-raises-its-electric-car-game.html" target="_blank"> stepped on the accelerator</a> in Mexico. Less than two years after its first foray into the country with the sale of imported vehicles, the electric car company has set new, ambitious goals for Mexico. Eight model launches this year, more than 50,000 cars to be sold by 2024 and the BYD’s crown jewel: the construction of a manufacturing plant with capacity to produce up to 300,000 vehicles. Although Chinese executives have not yet revealed how much will be invested in the factory or where it will be located, BYD’s general director in Mexico, Jorge Vallejo, provides some insight on what is on the horizon.</p> <p><a href="https://english.elpais.com/economy-and-business/2024-04-06/jorge-vallejo-director-general-of-chinese-auto-company-byd-we-want-to-democratize-the-use-of-electric-cars-in-mexico.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/3XR5IX5LD5H7RH2I6VKKH3DQEU.jpg?auth=1fbcf55866a04d27ec89a4f9153d5ba0e4150ed372cd7c0d49a4b3f7847be00b&amp;width=5894&amp;height=3929&amp;smart=true"><media:description type="plain"><![CDATA[Jorge Vallejo in the firm's offices in Mexico City.]]></media:description><media:credit role="author" scheme="urn:ebu">Aggi Garduño</media:credit></media:content></item><item><title><![CDATA[The murder of Gisela Gaytán: A Mexican candidate without bodyguards and at the mercy of hitmen]]></title><link>https://english.elpais.com/international/2024-04-03/the-murder-of-gisela-gaytan-a-mexican-candidate-without-bodyguards-and-at-the-mercy-of-hitmen.html</link><guid isPermaLink="true">https://english.elpais.com/international/2024-04-03/the-murder-of-gisela-gaytan-a-mexican-candidate-without-bodyguards-and-at-the-mercy-of-hitmen.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez, Jorge Vaquero Simancas]]></dc:creator><description><![CDATA[A reconstruction of the last hours of the woman who wanted to be the next mayor of Celaya reveals an improvised tour in a community plagued by violence]]></description><pubDate>Wed, 03 Apr 2024 15:12:17 +0000</pubDate><content:encoded><![CDATA[<p>“Gisela was not afraid, on the contrary, she was super happy about the people’s response, there was trust,” says Raúl González Meza, the municipal territorial coordinator for Gisela Gaytán, a 37-year-old lawyer who was running as the candidate for the leftist party Morena to be the next mayor of Celaya, in the Mexican state of Guanajuato. Gaytán <a href="https://english.elpais.com/international/2024-04-02/gisela-gaytan-candidate-for-mayor-of-violence-plagued-town-in-mexico-is-shot-dead.html">was shot dead on Monday</a> on her first day of campaigning. Speaking just hours after the tragedy and still without any progress in the police investigation into the crime, her territorial advisor denies that there was any indication that an attack of such magnitude could occur. “She never spoke to me personally about threats,” he tells EL PAÍS.</p> <p><a href="https://english.elpais.com/international/2024-04-03/the-murder-of-gisela-gaytan-a-mexican-candidate-without-bodyguards-and-at-the-mercy-of-hitmen.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/STFOFHMRZ5BFZNSAFIXAIPB24I.jpg?auth=8ad4ee18c16b292116e1435d6a5020ca80f95d44ed4d74b20d4e64c85df4a343&amp;width=1814&amp;height=1209&amp;smart=true"><media:description type="plain"><![CDATA[Gisela Gaytán, hours before her murder, at the Morelos Market in Celaya on April 1.]]></media:description><media:credit role="author" scheme="urn:ebu">Antonio Marant</media:credit></media:content></item><item><title><![CDATA[China steps on the gas in the Mexican auto market: ‘The long-term goal is the US’]]></title><link>https://english.elpais.com/economy-and-business/2024-03-16/china-steps-on-the-gas-in-the-mexican-auto-market-the-long-term-goal-is-the-us.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2024-03-16/china-steps-on-the-gas-in-the-mexican-auto-market-the-long-term-goal-is-the-us.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[One of every five vehicles sold in Mexico last year was produced in the Asian country. Sales from Beijing grew by 50% in 2023. Brands such as Changan, JMC, Chirey or Jetour are on the rise]]></description><pubDate>Sat, 16 Mar 2024 18:14:36 +0000</pubDate><content:encoded><![CDATA[<p>Vehicles manufactured in China are <a href="https://english.elpais.com/economy-and-business/2023-11-13/growth-of-chinas-automotive-sector-in-mexico-worries-the-us.html">accelerating their pace in the Mexican market</a>. According to official figures, 20% of the light vehicles sold last year in the Latin American country were imported from China, equivalent to 273,592 units, which also represents a growth of 50% compared to 2022. For now, The import of vehicles from China comes mainly from Western brands that have their manufacturing plants in that country. Thus, the cars are from General Motors, Ford, Chrysler, BMW and Renault. However, little by little the presence of specifically <a href="https://english.elpais.com/economy-and-business/2023-06-20/chinas-next-export-is-an-electric-vehicle-fight.html">Chinese brands</a> in Mexico has also been increasing. Among the names that landed in the last three years are: Changan, JMC, Chirey, Jaecoo, Jetour, among others.</p> <p><a href="https://english.elpais.com/economy-and-business/2024-03-16/china-steps-on-the-gas-in-the-mexican-auto-market-the-long-term-goal-is-the-us.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/G2WWGTOMNFDJPBSOE54HB2SK6Q.jpg?auth=6ad5e2b87f379ba61ede5a49d96bd7488dfc5d439d7b3774453c99761a5e0105&amp;width=5280&amp;height=3956&amp;smart=true"><media:description type="plain"><![CDATA[1,700 cars in the port of Lianyungang (China), before being transported to Mexico, in May 2023.]]></media:description><media:credit role="author" scheme="urn:ebu">Wang Chun</media:credit></media:content></item><item><title><![CDATA[Mexican tycoon Carlos Slim takes stock of the last six years in his home country: ‘Except for security, everything looks good and will continue to go well’]]></title><link>https://english.elpais.com/international/2024-02-13/mexican-tycoon-carlos-slim-takes-stock-of-the-last-six-years-in-his-home-country-except-for-security-everything-looks-good-and-will-continue-to-go-well.html</link><guid isPermaLink="true">https://english.elpais.com/international/2024-02-13/mexican-tycoon-carlos-slim-takes-stock-of-the-last-six-years-in-his-home-country-except-for-security-everything-looks-good-and-will-continue-to-go-well.html</guid><dc:creator><![CDATA[Zedryk Raziel, Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[In a four-hour press conference, the richest man in Latin America discusses his business empire, the outgoing López Obrador administration and upcoming elections]]></description><pubDate>Tue, 13 Feb 2024 17:58:30 +0000</pubDate><content:encoded><![CDATA[<p>Carlos Slim, <a href="https://english.elpais.com/economy-and-business/2023-07-04/worlds-richest-people-added-852-billion-to-their-fortunes-in-the-first-half-of-2023.html">the wealthiest man in Latin America </a>and founder of Grupo Carso, recently expressed his view on Mexico’s <a href="https://english.elpais.com/international/2024-01-18/lopez-obradors-mexico.html">outgoing López Obrador administration</a> and shared his expectations for the next six-year presidential term. In four months, Mexico will elect a new president and Congress. “This administration was transitional. I hope the [next] one — whoever wins — will solidify the gains that have been made,” Slim said on February 12 during a nearly four-hour press conference in Mexico City. The 84-year-old engineer has a net worth of $100 billion and doesn’t usually hold press conferences. But when he does speak publicly, Slim doesn’t hesitate to openly expresses his positive and critical views on the issues facing Mexico. He spoke about the state of his business empire and discussed his agreements and differences with the López Obrador administration. Slim voiced his support for the separation of powers and the proposal to increase salaries for teachers and doctors. But he decried the country’s security situation and the privileges granted to state-owned enterprises.</p> <p><a href="https://english.elpais.com/international/2024-02-13/mexican-tycoon-carlos-slim-takes-stock-of-the-last-six-years-in-his-home-country-except-for-security-everything-looks-good-and-will-continue-to-go-well.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/BIJ2BK5QA5DQLOUBOL2MXJX4IQ.jpg?auth=a46daf557f5d7d82917a0941f28c38ed97ae85525c006692fc4f584bdc09c8ff&amp;width=5885&amp;height=3924&amp;smart=true"><media:description type="plain"><![CDATA[Carlos Slim, during his February 12 press conference in Mexico City.]]></media:description><media:credit role="author" scheme="urn:ebu">Mónica González Islas</media:credit></media:content></item><item><title><![CDATA[From drug trafficking to tobacco: Cigarettes become a new branch of business for Mexican cartels]]></title><link>https://english.elpais.com/international/2024-02-05/from-drug-trafficking-to-tobacco-cigarettes-become-a-new-branch-of-business-for-mexican-cartels.html</link><guid isPermaLink="true">https://english.elpais.com/international/2024-02-05/from-drug-trafficking-to-tobacco-cigarettes-become-a-new-branch-of-business-for-mexican-cartels.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The black market in cigarettes as a business and money laundering option for organized crime accounts for up to 30% of a $25 billion smuggling industry]]></description><pubDate>Mon, 05 Feb 2024 16:32:58 +0000</pubDate><content:encoded><![CDATA[<p>Among shipments of textiles and footwear entering the port of Colón in Panama, dozens of containers with illegal cigarettes circumvent customs controls every month en route to the domestic market and to be re-exported to other countries. In parallel to drugs and weapons, tobacco smuggling by drug trafficking groups has increased in recent years, warn port authorities and social groups in Latin America. Juan Carlos Buitrago Arias, a retired Colombian police general and leader of the public-private alliance between Colombia, Ecuador, and Panama (Coepa) to curb this crime, says that tobacco has become a branch of business for Mexican criminal organizations such as the <a href="https://english.elpais.com/international/2022-02-16/an-inside-look-at-mexicos-sinaloa-cartel.html">Sinaloa Cartel</a>. According to his research, cocaine, methamphetamine, and <a href="https://english.elpais.com/usa/2024-01-14/fentanyl-the-portrait-of-a-mass-murderer.html">fentanyl</a> cartels in the region use the same networks and routes to smuggle illegal cigarettes — mostly from Asia — to widen the black market for this product and launder drug money.</p> <p><a href="https://english.elpais.com/international/2024-02-05/from-drug-trafficking-to-tobacco-cigarettes-become-a-new-branch-of-business-for-mexican-cartels.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/YSYWBQ2K5VFLPPNUJUZS4HYJBQ.jpg?auth=7a3c6167f0bc68fd042e64bca711912aa396c74afffad2a889266dc444eb9756&amp;width=4216&amp;height=3017&amp;smart=true"><media:description type="plain"><![CDATA[A young cigarette vendor takes a break in downtown Mérida.]]></media:description><media:credit role="author" scheme="urn:ebu">Artur Widak</media:credit></media:content></item><item><title><![CDATA[The many faces behind remittances: ‘Every week I sent them money so that they could eat what we were not able to’]]></title><link>https://english.elpais.com/economy-and-business/2024-01-08/the-many-faces-behind-remittances-every-week-i-sent-them-money-so-that-they-could-eat-what-we-were-not-able-to.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2024-01-08/the-many-faces-behind-remittances-every-week-i-sent-them-money-so-that-they-could-eat-what-we-were-not-able-to.html</guid><dc:creator><![CDATA[Inma  Bonet Bailén, Karina Suárez Rodríguez, Alonso  Moleiro]]></dc:creator><description><![CDATA[Behind every migrant who sends money to their family abroad lies a story of uprooting and hardship, but also of solidarity and hope]]></description><pubDate>Mon, 08 Jan 2024 18:25:58 +0000</pubDate><content:encoded><![CDATA[<p>Tides of money flow around the world from rich to poor countries. In 2022, the last full year on record, <a href="https://english.elpais.com/international/2023-08-02/exiled-nicaraguans-and-family-remittances-a-financial-pillar-of-the-ortega-regime.html">remittances from migrants to their countries of origin</a> amounted to $647 billion, according to the World Bank, which estimated $656 billion for 2023 last June. These figures showed no sign of abating during the pandemic and nor will they decrease in the coming years, according to the analyses of international organizations. From countries such as China, Mexico and Venezuela hail these four stories of renunciation, work, precariousness, perseverance and strong solidarity.</p> <p><a href="https://english.elpais.com/economy-and-business/2024-01-08/the-many-faces-behind-remittances-every-week-i-sent-them-money-so-that-they-could-eat-what-we-were-not-able-to.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/KEDTQHLSWZHTVI5KMSVAH6F5TU.jpg?auth=28878ee69b9744dd14a13d450c3c818d3699d33896245ae06eb8259afe9afbfc&amp;width=4500&amp;height=2994&amp;smart=true"><media:description type="plain"><![CDATA[Zuleika Garcia, at her home in Caracas on December 8, 2023.]]></media:description><media:credit role="author" scheme="urn:ebu">Gaby Oraa</media:credit></media:content></item><item><title><![CDATA[Janet Yellen’s Mexico visit targets fentanyl, arms trafficking and money laundering]]></title><link>https://english.elpais.com/international/2023-12-08/janet-yellens-mexico-visit-targets-fentanyl-arms-trafficking-and-money-laundering.html</link><guid isPermaLink="true">https://english.elpais.com/international/2023-12-08/janet-yellens-mexico-visit-targets-fentanyl-arms-trafficking-and-money-laundering.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The two countries signed an agreement to monitor foreign investment and supply chains for illegal activity]]></description><pubDate>Fri, 08 Dec 2023 15:40:32 +0000</pubDate><content:encoded><![CDATA[<p>On her second and final work day in Mexico, Treasury Secretary Janet Yellen signed a memorandum of intent to focus a national security lens on <a href="https://english.elpais.com/usa/2023-12-07/fentanyl-crisis-strains-us-mexico-diplomatic-relations.html">foreign direct investment</a>. The agreement was signed shortly after her private meeting with President Andrés Manuel López Obrador at the National Palace in Mexico City. Although the specifics of their conversation were not disclosed, the president later conveyed his satisfaction with the meeting on social media: “The good neighbor policy between Mexico and the United States is a tangible reality. Our relationships span various dimensions, from friendship to collaborative efforts in economic and financial affairs. As a result, my pleasant meeting with Janet Yellen, the Secretary of the Treasury of the United States, proved to be highly productive.”</p> <p><a href="https://english.elpais.com/international/2023-12-08/janet-yellens-mexico-visit-targets-fentanyl-arms-trafficking-and-money-laundering.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/7W4HHM25UCMTQGJCLDDVGM6SIA.jpg?auth=9481969a74001084898102cb760ea13a4f693d5a2ce0b78b5b204f733dbd964a&amp;width=5844&amp;height=3896&amp;smart=true"><media:description type="plain"><![CDATA[Janet Yellen at the National Palace in Mexico City; December 7, 2023.]]></media:description><media:credit role="author" scheme="urn:ebu">José Méndez</media:credit></media:content></item><item><title><![CDATA[Mexico struggles to mandate a 40-hour work week]]></title><link>https://english.elpais.com/international/2023-12-06/mexico-struggles-to-mandate-a-40-hour-work-week.html</link><guid isPermaLink="true">https://english.elpais.com/international/2023-12-06/mexico-struggles-to-mandate-a-40-hour-work-week.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The private sector openly opposes the reform while López Obrador asks for more time]]></description><pubDate>Wed, 06 Dec 2023 21:17:48 +0000</pubDate><content:encoded><![CDATA[<p>Legislation to change Mexico’s work week from 48 to 40 hours is hitting some major roadblocks. With fewer than 10 days left in the current session of Congress, a bill introduced by Morena party representative Susana Prieto Terrazas in October 2022 has not yet been scheduled for a vote in the lower house of Mexico’s legislature. If no vote happens now, then the bill won’t be forwarded to the Senate next year for debate in the final months of the López Obrador administration. Opposition from the private sector includes prominent names like <a href="https://english.elpais.com/usa/2022-02-02/carlos-slims-company-pays-out-thousands-of-dollars-to-mexico-city-metro-tragedy-victims-to-prevent-further-lawsuits.html">Carlos Slim</a>, the wealthiest man in Mexico, and the heads of major business organizations. President Andrés Manuel López Obrador has asked for more time to ensure “all voices” are heard.</p> <p><a href="https://english.elpais.com/international/2023-12-06/mexico-struggles-to-mandate-a-40-hour-work-week.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/PRRCOKBOOVF2NJQS6VQXSATLVA.jpg?auth=a9a3a3fe2a2356dbac5554f26d5aeec4875435853a0aa8329681f5f068bce098&amp;width=3998&amp;height=2667&amp;smart=true"><media:description type="plain"><![CDATA[Factory in the border city of Ciudad Juárez, Mexico. December 2021.]]></media:description><media:credit role="author" scheme="urn:ebu">Paul Ratje</media:credit></media:content></item><item><title><![CDATA[Damage from looting in Mexico after Hurricane Otis could reach $22 million]]></title><link>https://english.elpais.com/international/2023-11-01/damage-from-looting-in-mexico-after-hurricane-otis-could-reach-22-million.html</link><guid isPermaLink="true">https://english.elpais.com/international/2023-11-01/damage-from-looting-in-mexico-after-hurricane-otis-could-reach-22-million.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Basic items have disappeared from store shelves in Acapulco, leaving victims of the monster storm dependent on supplies arriving at special collection centers]]></description><pubDate>Wed, 01 Nov 2023 17:03:11 +0000</pubDate><content:encoded><![CDATA[<p>“There is still anxiety in Acapulco,” says Alfonso Pérez, 55. This yoga teacher has spent the last seven days trying to help the <a href="https://english.elpais.com/international/2023-10-27/exodus-from-acapulco-after-hurricane-otis-it-was-like-living-through-a-two-hour-earthquake.html">victims of Hurricane Otis</a> in the Mexican state of Guerrero. Drinking water comes and goes, as does electricity and internet service. The gasoline supply has been restored in dribs and drabs. “There is no place to buy things, there is no store that can sell you something, everything is closed and in the Costa Azul area everything was looted,” he says by phone. Without options to buy groceries, hurricane victims are reliant on the food supplies that arrive at collection centers.</p> <p><a href="https://english.elpais.com/international/2023-11-01/damage-from-looting-in-mexico-after-hurricane-otis-could-reach-22-million.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/JGH6CFNS2BFKFNFQC5ORQKTJYQ.jpg?auth=f1ee2bc9bc565ec980633e34f20bc3505b256682556bc15bdd73b9c9418c8382&amp;width=6000&amp;height=4000&amp;smart=true"><media:description type="plain"><![CDATA[A man searches for food inside an Acapulco supermarket that was looted after the hurricane, on October 27.]]></media:description><media:credit role="author" scheme="urn:ebu">Mónica González Islas</media:credit></media:content></item><item><title><![CDATA[Migrant crisis leads to customs closures and daily losses of $35 million for Mexico-US trade  ]]></title><link>https://english.elpais.com/economy-and-business/2023-10-02/migrant-crisis-leads-to-customs-closures-and-daily-losses-of-35-million-for-mexico-us-trade.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2023-10-02/migrant-crisis-leads-to-customs-closures-and-daily-losses-of-35-million-for-mexico-us-trade.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Mexican business organizations estimate the economic disaster due to the brake on exports to Washington at more than 1.2 billion dollars]]></description><pubDate>Mon, 02 Oct 2023 18:14:57 +0000</pubDate><content:encoded><![CDATA[<p>The surge in migrants attempting to cross from Mexico to the United States is having a heavy impact on binational trade. Railroad companies have had to suspend routes to prevent migrants from boarding the trains, while authorities have opted to close customs offices in Chihuahua, causing delays for thousands of trucks transporting goods to the US. Business organizations in Mexico have estimated the economic effects of the latest <a href="https://english.elpais.com/international/2023-10-02/a-three-month-wait-new-us-immigration-plan-marred-by-secrecy-and-uncertainty.html">immigration crisis</a>, now in its second week, at over $1.2 billion.</p> <p><a href="https://english.elpais.com/economy-and-business/2023-10-02/migrant-crisis-leads-to-customs-closures-and-daily-losses-of-35-million-for-mexico-us-trade.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/H4YBS7WZIXOPLU5I2TRJGDKAZE.jpg?auth=eb109b4a17a2835d649a24fcd64a806d972d0dc269f722e8b862edb44ead842a&amp;width=2533&amp;height=1688&amp;smart=true"><media:description type="plain"><![CDATA[Trucks waiting at the Jeronimo-Santa Teresa border crossing near El Paso, Texas; September 26, 2023.]]></media:description><media:credit role="author" scheme="urn:ebu">JOSE LUIS GONZALEZ</media:credit></media:content></item><item><title><![CDATA[Mexico’s López Obrador moves ahead with his crusade for lithium, revoking nine concessions from Ganfeng Lithium, a Chinese firm   ]]></title><link>https://english.elpais.com/international/2023-09-26/mexicos-lopez-obrador-moves-ahead-with-his-crusade-for-lithium-revoking-nine-concessions-from-ganfeng-lithium-a-chinese-firm.html</link><guid isPermaLink="true">https://english.elpais.com/international/2023-09-26/mexicos-lopez-obrador-moves-ahead-with-his-crusade-for-lithium-revoking-nine-concessions-from-ganfeng-lithium-a-chinese-firm.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The Mexican government has notified the mining company that, since it has not invested the minimum amounts that were promised, the authorities will proceed to cancel nine of its concessions in the state of Sonora, which were meant to be valid until at least 2060]]></description><pubDate>Tue, 26 Sep 2023 22:57:04 +0000</pubDate><content:encoded><![CDATA[<p>The Mexican government has redoubled its commitment to gain control of <a href="https://english.elpais.com/economy-and-business/2023-04-21/storm-rages-for-key-battery-element-after-2022-rush-as-price-of-lithium-plunges-nearly-50.html">lithium, a strategic mineral considered to be new white gold</a>. The General Directorate of Mines has canceled nine lithium concessions that were previously held by the Chinese firm Ganfeng Lithium, under the argument that the mining company failed to meet the minimum investment requirements.</p> <p><a href="https://english.elpais.com/international/2023-09-26/mexicos-lopez-obrador-moves-ahead-with-his-crusade-for-lithium-revoking-nine-concessions-from-ganfeng-lithium-a-chinese-firm.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/GXNGUX3NTFDGNNMKFI44KASLMQ.jpg?auth=7625e45c6472dc883a1aa37bef6557f7c009b373a9ca69137f18cd32d51138a5&amp;width=1866&amp;height=998&amp;smart=true"><media:description type="plain"><![CDATA[López Obrador at the signing of the lithium nationalization decree in Bacadéhuachi (Sonora) on February 18.]]></media:description></media:content></item><item><title><![CDATA[Rising remittances, juicy interest rates and nearshoring: the reasons that are boosting the Mexican peso]]></title><link>https://english.elpais.com/economy-and-business/2023-07-07/rising-remittances-juicy-interest-rates-and-nearshoring-the-reasons-that-boosting-the-mexican-peso.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2023-07-07/rising-remittances-juicy-interest-rates-and-nearshoring-the-reasons-that-boosting-the-mexican-peso.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[The Latin American currency breaks the ceiling of 16.98 units per US currency, a level not seen since December 2015]]></description><pubDate>Fri, 07 Jul 2023 20:37:05 +0000</pubDate><content:encoded><![CDATA[<p>Mexico’s peso is enjoying its best performance in the past eight years. The currency recently <a href="https://english.elpais.com/economy-and-business/2023-07-06/the-mexican-peso-breaks-through-the-17-unit-per-dollar-barrier-and-reaches-its-highest-appreciation-in-eight-years.html">dropped below 16.98 to the US dollar</a>, a level not seen since December 2015. The peso surged again in early July after data showed that positive remittances (money flowing from the US to Mexico) hit a new record in May: a staggering $5.693 billion. Several factors contributed to this unprecedented achievement: the Bank of Mexico’s decision to hold interest rates at 11.25%; stable public finances; and rosy forecasts of increased nearshoring exports and investments. “The [peso’s] movement <a href="https://english.elpais.com/economy-and-business/2022-06-02/wall-street-impressed-by-strength-of-mexican-peso-despite-a-weak-economy.html">left us speechless</a> – it’s the absolute best scenario,” said Marcos Arias, an analyst at Grupo Financiero Monex.</p> <p><a href="https://english.elpais.com/economy-and-business/2023-07-07/rising-remittances-juicy-interest-rates-and-nearshoring-the-reasons-that-boosting-the-mexican-peso.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/CDADGD7EPVA43PH4ZHN2VAOKNM.jpg?auth=8861691c136f45a0c6574545eae157d5a789ffb3d769ca2fd70320066f14a74e&amp;width=3000&amp;height=2004&amp;smart=true"><media:description type="plain"><![CDATA[Mexican peso exchange rates since mid-2021.]]></media:description><media:credit role="author" scheme="urn:ebu">Getty</media:credit></media:content></item><item><title><![CDATA[The fall of Mexican YouTuber Yoseline Hoffman: in pre-trial detention for child pornography]]></title><link>https://english.elpais.com/usa/2021-07-02/the-fall-of-mexican-youtuber-yoseline-hoffman-in-pre-trial-detention-for-child-pornography.html</link><guid isPermaLink="true">https://english.elpais.com/usa/2021-07-02/the-fall-of-mexican-youtuber-yoseline-hoffman-in-pre-trial-detention-for-child-pornography.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez, Elena Reina ]]></dc:creator><description><![CDATA[The social media influencer, known as ‘YosStop,’ has admitted to having received, played and stored a video of a 16-year-old being sexually assaulted by four men]]></description><pubDate>Fri, 02 Jul 2021 09:19:50 +0000</pubDate><content:encoded><![CDATA[<p>Hours after she posted her last video on her Twitter account on Tuesday, the Mexican YouTuber Yoseline Hoffman, known as “YosStop,” was arrested at her house by officers in Mexico City on charges of child pornography. The detention came three months after Ainara Suárez reported Hoffman for reproducing, storing and publicizing a video that showed a gang rape she had suffered in May 2018. The detainee, aged 30, admitted in one of her YouTube videos that she had seen the recording of the Suárez’s sexual assault, commenting that the incident had been her fault and calling her a “slut.” The Hoffman case has caused waves within the world of Mexico’s <a href="https://english.elpais.com/elpais/2020/01/09/inenglish/1578586475_677301.html" target="_blank">social media influencers</a> and prompted debate over the limits of freedom of expression.</p> <p><a href="https://english.elpais.com/usa/2021-07-02/the-fall-of-mexican-youtuber-yoseline-hoffman-in-pre-trial-detention-for-child-pornography.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/X25RRV5AH5FXLE2PYG24WQVECE.png?auth=40b64fec10849cf772a74bc80e7b59241a6d35fc1083e3cadbb1ee03ae22cc45&amp;width=1438&amp;height=959&amp;smart=true"><media:description type="plain"><![CDATA[Mexican YouTuber Yoseline Hoffman, known as “YosStop,” in a photo shared on social media.]]></media:description><media:credit role="author" scheme="urn:ebu">REDES SOCIALES</media:credit></media:content></item><item><title><![CDATA[Elon Musk’s plans to build a Tesla mega-plant in Mexico come into focus]]></title><link>https://english.elpais.com/economy-and-business/2022-12-23/elon-musks-plans-to-build-a-tesla-mega-plant-in-mexico-come-into-focus.html</link><guid isPermaLink="true">https://english.elpais.com/economy-and-business/2022-12-23/elon-musks-plans-to-build-a-tesla-mega-plant-in-mexico-come-into-focus.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Businessmen and industry representatives say that the electric car factory’s anticipated arrival in Nuevo León confirms that the northern state is an important focus of the Mexican automotive industry]]></description><pubDate>Fri, 23 Dec 2022 11:54:22 +0000</pubDate><content:encoded><![CDATA[<p>Santa Catarina, a municipality with fewer than 310,000 inhabitants on the outskirts of the northern state of Nuevo León, is preparing to become the site of Tesla’s first mega-factory in Mexico. Almost two months after his first visit there, <a href="https://english.elpais.com/economy-and-business/2022-12-21/elon-musk-to-resign-as-twitter-ceo-when-he-finds-someone-foolish-enough-to-take-the-job.html" target="_blank">Elon Musk</a>, Tesla’s Chief Executive Officer (CEO) and the second richest man in the world, is getting closer to announcing his final decision on the location of a giant electric car assembly plant in the borderlands. According to local media, the factory’s construction would require an 800-hectare space, as well as investment of over US$10 billion at different stages of the process. According to sources familiar with the negotiations, initially the factory would produce vehicle parts; however, <a href="https://english.elpais.com/economy-and-business/2022-10-05/meet-optimus-teslas-humanoid-robot.html" target="_blank">the brand</a> is considering manufacturing its more economical cars there later.</p> <p><a href="https://english.elpais.com/economy-and-business/2022-12-23/elon-musks-plans-to-build-a-tesla-mega-plant-in-mexico-come-into-focus.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/CFQG3MG7BNCSNIYRLIJWRMOJTI.jpg?auth=1a70209836d9e746792a7169b65ae7a795444ff44c21bd8911496cd26baa5b64&amp;width=4000&amp;height=2670&amp;smart=true"><media:description type="plain"><![CDATA[Customers look at a Tesla vehicle at a store in Mexico City.]]></media:description><media:credit role="author" scheme="urn:ebu">Cesar Rodriguez</media:credit></media:content></item><item><title><![CDATA[A house in the heart of Mexico City may be the reason three people were murdered ]]></title><link>https://english.elpais.com/international/2022-12-20/a-house-in-the-heart-of-mexico-city-may-be-the-reason-three-people-were-murdered.html</link><guid isPermaLink="true">https://english.elpais.com/international/2022-12-20/a-house-in-the-heart-of-mexico-city-may-be-the-reason-three-people-were-murdered.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez, Alejandro Santos ]]></dc:creator><description><![CDATA[Two women and a man who lived in the home with the victims have been arrested for the crime]]></description><pubDate>Tue, 20 Dec 2022 17:27:41 +0000</pubDate><content:encoded><![CDATA[<p>The home on Medellín Street in Mexico City is now a crime scene and the latest manifestation of the rampant violence that plagues the country. Three people were killed behind the black doors that are now guarded by two police officers. A handful of journalists hang around outside, hoping for new information that will explain why this happened. The only thing the public knows for sure is that Luis Gonzáles and his two nephews, Andrés and Jorge Tirado were found dead in their home on December 18. They were still gagged, and their bodies showed signs of a beating. Two women and a man were quickly arrested as suspects in the murders. Those are the unfortunate facts – three more murders in a country that tallies <a href="https://english.elpais.com/international/2022-05-11/drug-cartels-in-mexico-how-rampant-violence-is-taking-hold-of-the-country.html">dozens of homicides every day</a>. The only thing unusual about these particular murders is the motive and alleged perpetrators of the crime – the victims and suspects lived together in the same house. According to sources in the public prosecutor’s office, the victims were beaten, gagged and strangled for refusing to hand over the deed to the house.</p> <p><a href="https://english.elpais.com/international/2022-12-20/a-house-in-the-heart-of-mexico-city-may-be-the-reason-three-people-were-murdered.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/4J6MIPTOYVC2VEFKWTLSKR2KSU.jpg?auth=39c3845882b2857359379dc3b9304b70d8a9c242692ae624cf6a97adc7fc4ec6&amp;width=4800&amp;height=2700&amp;smart=true"><media:description type="plain"><![CDATA[Andrés and Jorge Tirado in Mexico City.]]></media:description></media:content></item><item><title><![CDATA[Mexican actor Pablo Lyle convicted of manslaughter in the US]]></title><link>https://english.elpais.com/international/2022-10-05/mexican-actor-pablo-lyle-convicted-of-manslaughter-in-the-us.html</link><guid isPermaLink="true">https://english.elpais.com/international/2022-10-05/mexican-actor-pablo-lyle-convicted-of-manslaughter-in-the-us.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[A Miami court found that the star of ‘Mirreyes vs Godínez’ caused the death of a 63-year-old man in a road rage incident in 2019]]></description><pubDate>Wed, 05 Oct 2022 09:38:28 +0000</pubDate><content:encoded><![CDATA[<p>Mexican actor Pablo Lyle was on Tuesday convicted of involuntary manslaughter in connection with a 2019 road rage incident in which he fatally punched a 63-year-old man in Miami, Florida. A jury delivered the verdict in a Miami court, and the sentence is expected to be handed down in late October.</p> <p><a href="https://english.elpais.com/international/2022-10-05/mexican-actor-pablo-lyle-convicted-of-manslaughter-in-the-us.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded></item><item><title><![CDATA[Burned alive over a neighbor dispute: The agony of a Mexican woman under death threat]]></title><link>https://english.elpais.com/international/2022-07-22/burned-alive-over-a-neighbor-dispute-the-agony-of-a-mexican-woman-under-death-threat.html</link><guid isPermaLink="true">https://english.elpais.com/international/2022-07-22/burned-alive-over-a-neighbor-dispute-the-agony-of-a-mexican-woman-under-death-threat.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[A 35-year-old woman, Luz Raquel Padilla Gutiérrez, died three days after being doused with alcohol and set on fire in Guadalajara, in Jalisco state, where she had filed complaints]]></description><pubDate>Fri, 22 Jul 2022 00:31:26 +0000</pubDate><content:encoded><![CDATA[<p>“You’re going to die, dyke!” read one message sprayed in black paint on the outside of Luz Raquel Padilla Gutiérrez’s apartment. “I’m going to burn you alive!” warned another.</p> <p><a href="https://english.elpais.com/international/2022-07-22/burned-alive-over-a-neighbor-dispute-the-agony-of-a-mexican-woman-under-death-threat.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded></item><item><title><![CDATA[Hepatitis A outbreak in US and Canada linked to Mexican strawberries]]></title><link>https://english.elpais.com/usa/2022-06-02/hepatitis-a-outbreak-in-us-and-canada-linked-to-mexican-strawberries.html</link><guid isPermaLink="true">https://english.elpais.com/usa/2022-06-02/hepatitis-a-outbreak-in-us-and-canada-linked-to-mexican-strawberries.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[Authorities have reported at least 27 infections. Efforts to trace the disease point to the consumption of organic fruits from the Michoacán-based company Freshkampo]]></description><pubDate>Thu, 02 Jun 2022 16:50:30 +0000</pubDate><content:encoded><![CDATA[<p>The United States and Canada have confirmed a total of 27 cases of hepatitis A linked to strawberries from Mexico. All of the patients reported that they consumed Mexican company FreshKampo’s organic strawberries prior to the onset of their illness. Based on this evidence, the US Food and Drug Administration (FDA) and the Canadian Food Inspection Agency (CFIA) issued an alert on May 28 to prevent further consumption of the product and to stop the spread of the disease. Meanwhile, Freshkampo, a <a href="https://english.elpais.com/elpais/2019/02/06/inenglish/1549467945_461680.html">Michoacán-based</a> company, confirmed that all potentially affected products have been removed from the market. Mexico’s Agrifood Health Service (Senasica) said it is cooperating with the investigation but did not provide further details.</p> <p><a href="https://english.elpais.com/usa/2022-06-02/hepatitis-a-outbreak-in-us-and-canada-linked-to-mexican-strawberries.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/YY6NJLO37JDADKX5TI45ODYSHE.jpg?auth=ab65cae5341ec6cab7360855f9aecdbee78399fe8ccbba2ce46dea68e88c708a&amp;width=3998&amp;height=2667&amp;smart=true"><media:description type="plain"><![CDATA[A worker harvest strawberries in Mexico.]]></media:description><media:credit role="author" scheme="urn:ebu">Jeoffrey Guillemard</media:credit></media:content></item><item><title><![CDATA[Mexican earthquake’s proximity to Guerrero seismic gap causes alarm]]></title><link>https://english.elpais.com/usa/2021-09-10/mexican-earthquakes-proximity-to-guerrero-seismic-gap-causes-alarm.html</link><guid isPermaLink="true">https://english.elpais.com/usa/2021-09-10/mexican-earthquakes-proximity-to-guerrero-seismic-gap-causes-alarm.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez, Luis Sevillano Pires]]></dc:creator><description><![CDATA[The 7.1 magnitude quake that shook central Mexico on September 7 is close to a 110-km long strip of land that has not registered major seismic activity in a century. Could that soon change?]]></description><pubDate>Fri, 10 Sep 2021 15:40:43 +0000</pubDate><content:encoded><![CDATA[<p>The <a href="https://english.elpais.com/usa/2021-09-09/what-were-the-flashes-of-light-seen-during-mexicos-recent-earthquake.html" target="_blank">large earthquake that shook central Mexico</a> on September 7 has left the country’s seismologists on alert due to the epicenter’s proximity to the Guerrero seismic gap, a tectonic belt that has not recorded a major earthquake for more than a century. More violent earthquakes have occurred in the area of the Mexican state of Guerrero, but Tuesday’s quake began at a point on the coast closest to Mexico City, which is why it was felt so strongly in the capital. In addition, the earthquake began in an area of the country where a magnitude 8+ earthquake has been expected for over 100 years, explained Víctor Manuel Cruz-Atienza, a researcher at the Geophysics Institute of the National Autonomous University of Mexico (UNAM).</p> <p><a href="https://english.elpais.com/usa/2021-09-10/mexican-earthquakes-proximity-to-guerrero-seismic-gap-causes-alarm.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/TZF5RSQFLR6ZADOFLNWRGLLU7I.jpg?auth=2e4be00cf2e1027ea916bc5b916b312e71f32f6181744d4bed7762b6c24700f1&amp;width=4000&amp;height=2335&amp;smart=true"><media:description type="plain"><![CDATA[This hotel in Acapulco (Guerrero) was damaged by the earthquake on Tuesday.]]></media:description><media:credit role="author" scheme="urn:ebu">David Guzmán</media:credit></media:content></item><item><title><![CDATA[Mexican influencer ‘YosStop’ to spend two more months behind bars]]></title><link>https://english.elpais.com/usa/2021-09-03/mexican-influencer-yosstop-to-spend-two-more-months-behind-bars.html</link><guid isPermaLink="true">https://english.elpais.com/usa/2021-09-03/mexican-influencer-yosstop-to-spend-two-more-months-behind-bars.html</guid><dc:creator><![CDATA[Karina Suárez Rodríguez]]></dc:creator><description><![CDATA[A judge has granted more time to probe allegations that Yoseline Hofmann committed a child pornography offense when she stored a video of a gang rape and insulted the 16-year-old victim on her YouTube channel]]></description><pubDate>Fri, 03 Sep 2021 11:25:14 +0000</pubDate><content:encoded><![CDATA[<p>Yoseline Hoffman, a Mexican social media influencer better known as YosStop and who has more than eight million subscribers on YouTube, will remain in preventive custody for an additional two months, a judge ruled on Wednesday.</p> <p><a href="https://english.elpais.com/usa/2021-09-03/mexican-influencer-yosstop-to-spend-two-more-months-behind-bars.html" target="_blank">Seguir leyendo</a></p>]]></content:encoded><media:content type="image/jpeg" url="https://images.english.elpais.com/resizer/v2/FBKEARXVEZB3ZBPW62ZVXH22AM.jpg?auth=87e2822a7faae5e3a7f8993e4cc687c314d2a4d3c89a56afac0d690da4b65426&amp;width=5106&amp;height=3404&amp;smart=true"><media:description type="plain"><![CDATA[Mexican influencer Yoseline Hoffman.]]></media:description></media:content></item></channel></rss>