Mexico has signed-off on ChemChina’s acquisition of Swiss-based Syngenta. The Federal Economic Competition Commission of Mexico recently announced approval the $43 billion takeover of Syngenta by the state-owned Company, ChemChina. The two companies call the move a step towards closing the transaction, which is expected to take place in the second quarter of this year. The approval by Mexico follows …
Mexico is taking a ‘sooner rather than later’ approach when it comes to potential changes to the North American Free Trade Agreement. A top Mexican official told CNNMoney last week: “It will be in the best advantage of the countries involved that we finish this negotiation within the context of this year.” That’s because Mexico will hold a presidential election …
The Donald Trump administration seems more likely to pursue modest changes to the North American Free Trade Agreement in negotiations with Canada and Mexico. Trump called NAFTA a “disaster” during his campaign for President, but the Wall Street Journal reports his suggestions for NAFTA seem less likely to make sweeping reforms to the trade agreement.
Mexico is mulling over drafting trade agreements that offer Brazil and Argentina duty-free access to the Mexican market for corn.
U.S. Grains Council (USGC) leaders traveled to Mexico this week to hear customer concerns about the state of trade relations between the two countries and offer reassurances about U.S. grains producers’ dedication to their market. Chairman Chip Councell, a farmer from the Eastern Shore of Maryland, and President and CEO Tom Sleight traveled to Mexico City, Guadalajara and Merida, accompanied …
The leaders of three major U.S. dairy organizations Wednesday promised to continue a strong commitment to their time-tested partnership with Mexico’s dairy industry and consumers.
Mexico issued a warning to the United States over the weekend, saying if any North American Free Trade Agreement renegotiations include new tariffs, the nation’s trade leaders would “get up from the table.”
Senior officials from Canada and Mexico say renegotiations of the North American Free Trade Agreement (NAFTA) will happen with all nations at the table. The trade agreement between the U.S., Canada and Mexico is being targeted by President Donald Trump for “tweaking.”
The CEO of global agribusiness company Bunge Limited says U.S. corn is a better deal for Mexico than corn from Argentina or Brazil.
U.S. food producers are expediting shipments to Mexico and seeking alternative markets as concerns rise over immigration and trade policy changes. Food producers are lining up alternative markets as business could be at risk if clashes over trade and immigration escalate between Mexico and the U.S., according to Reuters.