trade-featured
Mexico posts June trade surplus, but some see slowing
Dow Jones - Mexico posted a solid June trade surplus on record auto exports, with falling petroleum imports and exports mostly balancing each other out, but analysts saw nonauto weakness as a sign that the U.S. slowdown could hit Mexico harder.
Taiwan records 20% jump in exports to Mexico
CNA - Taiwan's exports to Mexico for the first half of the year rose almost 20 percent from a year earlier, amid a 4.7 percent decline in its total exports due to weakening global demand. Taiwan's exports to Mexico totaled about $837 million.
focustaiwan.tw/ShowNews/WebNews_Detail.aspx
Pena Nieto urges stronger trade ties with Asia
Reuters - Mexico must look to increase its trade with Asia, especially if the U.S. economy does not improve, President-elect Enrique Pena Nieto said in an interview with Mexican newspaper El Financiero.
Mexico signs controversial anti-piracy treaty
LAT - Mexico last week quietly signed the Anti-Counterfeiting Trade Agreement, or ACTA, a controversial multinational treaty that sponsors say protects intellectual property but opponents call an assault on privacy and freedom of expression.
Mexico eyes egg imports to cope with bird-flu outbreak
EFE - The Mexican government is preparing to import up to 132,000 tons of eggs to prevent a surge in prices as a consequence of a bird-flu outbreak in the western state of Jalisco, Economy Secretary Bruno Ferrari said.
latino.foxnews.com/latino/health/2012/07/06/mexico-eyes-egg-imports-to-cope-with-bird-flu-outbreak/
Canada and Mexico would boost Pacific pact
The American - Inviting Canada and Mexico to join negotiations for the Trans-Pacific Partnership agreement (TPP) will result — if talks are successful — in a free trade area covering some 658 million people and about $20.5 trillion in economic activity.
www.american.com/archive/2012/june/a-big-deal-canada-and-mexico-join-the-pacific-trade-pact
Mexico posts trade deficit in May as exports dip
Reuters - Mexico posted a $267 million trade deficit in May when adjusted for seasonal swings as exports fell 1.56 percent. Slowing job growth in the United States could crimp the demand for Mexican exports.
www.reuters.com/article/2012/06/25/mexico-economy-idUSL3E8HP40X20120625
Mexico to join Trans-Pacific Partnership talks
Reuters - The United States and eight other countries welcomed Mexico into talks aimed at reaching an Asia Pacific free trade agreement, but continued to mull over Canada and Japan's seven-month-old bids to join the negotiations.
Cameron leads trade mission to Mexico
The Guardian - British Prime Minister David Cameron launched a one-day charm offensive in Mexico City in a bid to boost British business interests in Mexico. Britain currently supplies less than 1 percent of Mexico's imports.
www.guardian.co.uk/world/2012/jun/20/david-cameron-charm-offensive-mexico
Peso weakening might be blessing in disguise
Nasdaq - The 7.6 percent drop in the Mexican peso last month might be a blessing in disguise for investors in the country's equities. While a weaker currency can increase inflationary pressures, it also makes exports cheaper to markets abroad.
community.nasdaq.com/News/2012-06/ratings-upgrade-mexico-set-to-outperform.aspx
