Markets are starting to seem a bit warier of the China-U.S. standoff as the third round of tariffs was announced by each side. The sector and communities that would normally back the Trump reinvention and circumvention of the normal have not been shy about [...]
Corn no longer seems to be in jeopardy as Mexico and the U.S. seem to have reached an agreement on NAFTA. Corn was theoretically at risk if trade negotiations failed, as Mexico is the largest U.S. corn importer. Mexico imported 14.7 million metric tons [...]
The China-U.S. trade tiff is making most of the headlines, and other targets of Trump’s tariffs have announced a slew of retaliatory tariffs on U.S. goods. Europe, collectively, and China are our largest trading partners, but the other two NAFTA members, Canada and Mexico, [...]
Despite talks that NAFTA partners would be exempt from the metals import tariffs, the U.S. imposed a 25 percent import duty in the case of Europe, and 10 percent for Mexico and Canada. Mexico’s Economy Minister already announced that Mexico will impose tariffs of [...]
Sugar prices continued declining as supply began to pile up. Production is in full swing, while exports remain unusually low. The peso is currently stable, though volatility should increase as presidential elections approach on July 1. The main candidates are Ricardo Anaya Cortes, representing [...]
Recent U.S. trade news has focused on new tariffs on solar panels and washing machines from China and South Korea. What may be going unnoticed is that the ban applies to all origins for these products. Given the NAFTA renegotiations, Mexican authorities might be [...]
U.S. imports of Mexican sugar are now estimated near 1.09 million metric tons (MMT) for 2016/17, down around 115,000 metric tons (MT) from the previous season, a 9-percent-plus decline. If realized, this import figure for 2016/17 would represent a fall of more than 43 [...]
