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Mexico Cuts Auto Import Duty to 0% to Attract Nearshoring Plants
By Óscar Goytia - Wed, 10/14/2026 - 10:10
Mexico temporarily eliminates its 10% auto parts import duty for five years to lower assembly costs and attract global investments
https://mexicobusiness.news/tag/secretariat-economy
More Finance & Fintech
Banxico, CNBV Propose Phase-In Caps on Card Interchange Fees
By Duncan Randall - Fri, 08/28/2026 - 11:35
Banxico and CNBV propose revised, phased caps on credit and debit card interchange fees to lower merchant costs and expand digital payment acceptance.
Mexico Wins US$219 Million ICSID Arbitration Over TV Azteca Debt
By Duncan Randall - Thu, 08/06/2026 - 10:57
Mexico won a US$219 million ICSID arbitration after a tribunal ruled US funds lacked NAFTA jurisdiction over TV Azteca private debt obligations.
Mexico-India Advance Tech Investment, Trade Ties
By Diego Valverde - Thu, 02/12/2026 - 17:30
Mexico and India advance mechanisms to boost investment and trade across pharma, digital and manufacturing sectors.
Weak Infrastructure Threatens Mexico’s AI Sovereignty: UNAM
By MBN Staff - Fri, 10/03/2025 - 11:00
Mexico lacks the infrastructure to sustain AI-driven technological sovereignty, risking long-term economic and social development, says UNAM.
Mining Needs Better Communication Strategies
By Lorenzo Núñez - Thu, 09/02/2021 - 17:32
Efraín Alva Niño emphasizes the importance of a proper communication strategy and the dangers of reactionary social media to the mining industry.