Focused on the trade war, the US and China will tax these products

Focused on trade and tariff warfare, the Governments of China and the United States announced the list of products of their economic exchange that will be taxed within the framework of actions and reactions that hit the stock exchanges and currencies of all the world. The measure taken by the US would reach tariffs of 300 billion dollars in laptops,… Read more »

Banxico adjusts monetary policy to economic weakness

The Banco de Mexico (Banxico) adjusted “so timely and firm” its monetary policy to achieve convergence of inflation to the target, although the balance of risks to economic growth is skewed to the downside, said the Board of Governors in the minutes of its most recent decision published this Thursday. The central bank maintained the key interest rate at 8.25%… Read more »

“Preliminary” report notes cartel between BMW, Daimler and VW

German vehicle manufacturers BMW, Daimler and Volkswagen reached agreements to avoid competition in the development of technology to reduce pollutant gas emissions, the European Commission said Friday, reporting a “preliminary” report. “We fear that this is what has happened in this case and that Daimler, VW and BMW have violated competition rules in the EU,” European Commissioner Margrethe Vestager said… Read more »

Mexico: Trade agreement with the European Union will be signed in May

The Undersecretary of Foreign Trade of the Ministry of Economy in Mexico, Luz MarĂ­a de la Mora, said that the Government of Mexico could sign the Free Trade Agreement with the European Union next May . After participating in the 102nd Assembly of the American Chamber of Commerce in Mexico, the federal official pointed out that the intention of said… Read more »