Global Scans · Mexico · Weekly Summary

WHAT'S NEXT?: Mexico's economy and status with the U.S. faces uncertain times as a result of Donald Trump's recent election as America's next president. The impacts of Donald Trump's pre-election threats are already being felt by Mexico's economy and may have unforeseen consequences for both nations.

• [New] Mexico's 2023-24 exports were forecast at 471,000 tonnes, down 124,000 tonnes, or 21%, from March and down 540,000 tonnes, or 53%, from the prior year. Baking Business
• [New] Mexico's imports were forecast at 575,000 tonnes, up 81,000 tonnes, or 16%, from March and up 290,000 tonnes, or 102%, from last year. Baking Business
• [New] US 2023-24 sugar imports from Mexico were forecast at 498,644 short tons, raw value, down 167,020 tons, or 25%, from 666,000 tons as the March forecast, and down 657,000 tons, or 57%, from 2022-23. Baking Business
• [New] Parts of Canada, the United States and Mexico fall in the path of totality, with cities such as Buffalo, Cleveland and Dallas expecting large crowds of tourists. The Washington Post
• [New] New Mexico passed rules last year to boost the number of EVs on its roads, and requires utilities to submit transportation electrification plans every three years that support its goals. Smart Cities Dive
• [New] The west coast of Mexico will be one of the best places to observe the eclipse, especially the states of Coahuila, Durango and Sinaloa, where the moon will completely block the sun. CNN
• [New] The total solar eclipse will first be visible in Mexico, starting from the state of Sinaloa on the Pacific coast and then moving eastward through Durango, Coahuila, Nuevo Leon, Tamaulipas, and San Luis Potosi. India TV News
• [New] People In the US, Canada and Mexico will not just have the chance to witness a rare astronomical phenomenon. The Royal Astronomical Society
• [New] In North America, the total solar eclipse will be visible from around 11:00 local time in Mexico, about 13:30 in Texas, 15:25 above New York state, and 17:15 in the eastern Canadian province of Newfoundland. The Royal Astronomical Society
• [New] There's still some time for forecasts to change, but meteorologists predict that eclipse day storms could blanket parts of the path, which stretches from Mexico and Texas through Maine and parts of Canada. phys.org
• [New] The path of totality - where the sun will be fully blocked by the moon - covers over 30 million people in the US, Canada and Mexico. Engadget
• [New] The US, Mexico and Canada will be in the totality path of the eclipse, meaning more than 31 million people across 15 states will be treated to the mesmerising sight of the sun being obscured by the moon. Sky News
• [New] The Moon will pass in front of Venus, creating a lunar occultation visible from countries and territories including the eastern Contiguous United States, eastern Canada, Mexico and southern Greenland amongst others. In-The-Sky.org
• [New] If all cars and trucks in New Mexico were electrified, SWEEP estimates it would generate $50 billion in benefits through 2050, including savings from a more efficient electric grid. Smart Cities Dive
• [New] The American space agency, the eclipse will solely be observable in North America, traversing through Mexico, the United States, and Canada. Al-Bawaba
• [New] The collaboration with the U.S. represented a significant opportunity and highlighted that the development of the semiconductor industry in Mexico would create better paying jobs. Mexico News Daily
• [New] Intel will use the funding for wafer fabs in Arizona, Ohio, New Mexico, and Oregon. Electronics Weekly
• [New] In the year 2024, Mexico will celebrate its fourth federal election process as an electoral democracy since the democratic transition of power from the Institutional Revolutionary Party party to the competing National Action Party in the year 2000, ending 70 years of authoritarian rule. Mexico News Daily
• Some US manufacturing advocacy groups have called for a block on Chinese EVs being imported from their outposts in Mexico as a threat to domestic industry. Insider
• The path of totality - a 115-mile (185-kilometer) wide route where the moon will cover 100% of the sun's disk - stretches through Mexico, 15 U.S. Space
• Mexico considers that the ingestion of residual glyphosate and other contaminants present through the direct consumption of GM corn grain represents a serious food safety risk in Mexico. Portside
• According to financial analysts, over the next decade, between $60 billion and $150 billion could flow into Mexico as part of the efforts to move production closer to consumption centers, Melgar adds. Coatings World
• After the United States launched the Global Coalition to Address Synthetic Drug Threats, Mexico expressed a welcome interest in promoting public health tools for dealing with drug use. Brookings

Last updated: 16 April 2024