Mexico

• [New] The U.S. stimulus alone will add 1.4% to Vietnamese gross domestic product over the next two years, second only to the slightly larger impact on Mexico.
• [New] New Mexico will respond to early pitfalls of legalization in other states as it mandates child-proof packaging for marijuana products.
• [New] The Department of Energy's Los Alamos National Laboratory in New Mexico is launching efforts to fortify artificial intelligence algorithms to prevent system threats and improve AI awareness and understanding.
• [New] The risk of women dying while pregnant or during childbirth increased by more than a third in two countries: Mexico and India.
• [New] Tissue samples were collected from the stranded whale, and once COVID-19 rules permit it, genetic testing will occur at labs in both Mexico and the U.S.
• [New] For Mexico the trade deal could boost investment, improve business confidence, and reassure consumer sentiment.
• [New] Duties and/or taxes will not be assessed on shipments equal to or less than US$800 for the United States; US$117 for customs duties and US$50 for taxes for Mexico; and C$150 for customs duties and C$40 for taxes for Canada.
• [New] Test demonstrations will be conducted in the Gulf of Mexico at Panama City and in the Eglin Air Force Base's water ranges located in the Gulf of Mexico.
• [New] Mexico will receive 2.5 million doses, and Canada will receive 1.5 million doses.
• Ford recently canceled shifts at two car plants and said profits could be hit by up to US$ 2.5 billion in 2021 due to chip shortages, while Nissan is idling output at plants in Mexico and the US General Motors said it could face a US$ 2 billion profit hit.
• Canadian Pacific, the railway that provided Canada with its first transcontinental land link, is now part of a deal that will create the first railway linking Canada, the United States and Mexico.
• Venezuela and Iran, which also face U.S. sanctions, say they will also trial the Cuban COVID-19 vaccines, which have attracted the interest of other countries like Mexico and Jamaica.
• Since the beginning of the COVID-19 pandemic, three main periods of transition have affected Mexico's transnational criminal organizations: disruption, adaptation, and exploitation.
• Almost three-quarters of respondents said they expect spreads in hard-currency emerging market debt to tighten in the coming year, with Mexico, Ukraine and Brazil offering the highest return potential.
• Mexico has the potential to increase its avocado production from 2.03 million metric tons in 2017 to 3.16 million metric tons by 2030.
• If higher tariffs continue to be imposed on selected Chinese agricultural products, Mexico could potentially benefit through trade and investment diversion.
• New PPP-based projects can be expected in countries like Mexico, Bolivia, Argentina, Colombia, Peru, and Brazil.
• The US has tens of millions of doses of the AstraZeneca vaccine on hand, and it announced last week that it plans to send at least 4 million of them to Canada and Mexico.
• On Friday, Mexico announced a crackdown on its border with Guatemala, after the United States announced it will share 2.5 million vaccine doses with Mexico.
• President Biden's administration plans to send millions of doses of the AstraZeneca COVID-19 vaccine to Mexico and Canada, the White House confirmed Thursday, a development that comes as the U.S. faces a surge of migrants at the southern border with Mexico.
• South Africa faces the problem of illegal immigrants from Zimbabwe whereas Mexico's economy is threatened by criminal and drug related violence.
• The U.S. continues to evaluate how it will proceed but Mexico and Canada are at the front of the line line for vaccine exports.

Last updated: 06 April 2021