China has strengthened trade with Latin America at the expense of the U.S. But Donald Trump, who threatens to raise tariffs on Mexico, could upend those ties.

The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give American companies a more even playing field.

Mexico’s government on Monday launched a plan to shrink its yawning trade deficit with China and attract investment, in an olive branch to Donald Trump’s incoming US administration.

Chinese companies looked to Mexico more than most. Their investment in the country has surged. Mr Trump (who has already threatened to apply a tariff of 25% to Mexican imports “on day one” unless it stops migrants and drugs from illegally crossing the border) believes those firms are using Mexico as a tariff-free gateway to the United States.

Mexico, currently the No. 12 economy according to World Bank data, aims to crack the Top 10 by 2030, Sheinbaum said. The nation will do so by boosting local manufacturing and swapping out imports, creating manufacturing jobs and cutting through red tape to attract investments in the country, Sheinbaum said.

The country should make the best of a difficult situation by insisting on transparency.

Panama is part of a bigger piece of real estate that Mr Trump has his eye on. He wants to influence territory and infrastructure close to the United States. He views Mexico as a source of unwanted migration,

No, these aren’t trendy tech startups or flashy new cryptocurrencies. They’re Chinese automakers rapidly gaining traction in Mexico’s car market. The deals with the regional sports networks are for multiple years, and in line with moves Comcast/Xfinity has made in approximately 30 other markets.

Mexico is going to find a solution to avoid the imposing of tariffs by the United States, Economy Minister Marcelo Ebrard said on Friday, following threats from U.S. President-elect Donald Trump to do so.

US wins multibillion-dollar cross-border corn dispute with Mexico; China-based carrier launches new ship for Mexico trade route; Volkswagen moves Golf vehicle manufacturing to Mexico; and Parts Town opens Phoenix area distribution center.

China has strengthened trade with Latin America at the expense of the U.S. But Donald Trump, who threatens to raise tariffs on Mexico, could upend those ties.