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Dollar price today, June 12, 2024: Peso falls to 19 units

Dollar price today, June 12, 2024: Peso falls to 19 units

The local currency reached its worst level in more than a year, although losses were later reduced after the inflation data for May in the United States was known. The Mexican peso will depreciate sharply against the dollar on Wednesday morning. The local currency...
STPS will analyze US complaints with states.

STPS will analyze US complaints with states.

For the Government of Mexico, the Rapid Response Labor Mechanism is one of the issues that must be reviewed within the Trade Agreement between Mexico, the United States and Canada in 2026. Given the growing number of labor complaints coming from the United States...
USTR Will Prioritize Worker Benefits in USMCA Review.

USTR Will Prioritize Worker Benefits in USMCA Review.

Katherine Tai, the U.S. Trade Representative, emphasized the importance of advancing consultations under the USMCA regarding certain Mexican energy measures and Mexico’s enforcement of certain environmental laws related to fishing under the Environmental Chapter of...