Borderlands: Navigating the Evolving Landscape of US-Mexico Trade
Regulating the Flow: Mexico Cracks Down on Asian E-commerce Imports
In a bid to curb tax fraud, smuggling, and other violations, the Mexican government is set to enforce new customs regulations on e-commerce imports starting January. The regulations, aimed at increasing transparency and accuracy, will require additional documentation and detailed product information for cross-border transactions.
E-commerce Boom: Mexico’s Online Retail Market Set to Soar
Mexico’s e-commerce market, the second-largest in Latin America, is expected to grow to $63 billion by 2025. With major players like Mercado Libre, Walmart, and Liverpool dominating the market, the new regulations will impact importers, parcel and courier providers, and consumers alike.
Emerson Electric Expands in Chihuahua
Emerson Electric Co. is investing $22.5 million in a new factory in Chihuahua, Mexico, creating 600 direct jobs. The facility will manufacture measurement instruments, positioning Emerson to meet the growing demands of its customers in the region.
Mesnac Co. Enters North America with $20M Investment
Chinese firm Mesnac Co. is investing $20 million in a rubber tire machinery plant in Leon, Mexico. The facility will produce equipment for rubber processing and mechanical parts, marking the company’s first foray into North American manufacturing.
Logistics Hub: Realterm Develops Cross-Dock Facility in Laredo
Investment firm Realterm has partnered with Titan Development to build a 440,300-square-foot cross-dock logistics facility in Laredo, Texas. The development, featuring 150 truck dock doors and 264 trailer stalls, will cater to the growing demand for nearshoring and logistics services in the region.
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