Aerospace News

  • Trump signs steel, aluminum tariffs with temporary exemptions for Canada and Mexico

    President Donald Trump today signed the proclamation to impose tariffs on steel and aluminum imports with temporary exemptions for Canada and Mexico, as the three countries renegotiate the North American Free Trade Agreement (NAFTA).

    The tariffs, of 25% on imported steel and 10% on aluminum, will go into effect on March 23, although the proclamation also includes provisions for other U.S. allies to apply for exemptions.


  • Ternium, ArcelorMittal keep up with investments plans in Mexico despite threat of tariffs

    Ternium and ArcelorMittal, two of the main steel producers in Mexico, announced that they do not plan to stop the multimillion-dollar investment plans that they carry out in the country despite threats from the U.S. government to impose tariffs on steel and aluminum imports. 

    ArcelorMittal, the world’s largest steelmaker, has not changed ...

  • Seventh round of NAFTA talks concludes three chapters, leaves six more near completion

    The negotiating teams from Mexico, United States and Canada managed to close three NAFTA chapters and left six more near completion in the seventh round of talks in Mexico City, the biggest advance for a round just over half a year after its start.

    In the seventh round of NAFTA negotiations, which began on Sunday, February 25 and ended today, the negotiators concluded the chapters of good regulatory practices, transparency and

  • Despite uncertainty on NAFTA, Mexico’s FDI increases 11% during 2017

    In 2017, Mexico received US$ 29.7 billion in Foreign Direct Investment (FDI), despite the uncertainty generated by the renegotiation of the North American Free Trade Agreement. According to the Ministry of Economy, the figure was 11.1% higher than the preliminary one registered a year earlier.

    Despite Trump's threats for companies to invest in the U.S. instead of Mexico, that country was the main driver of FDI last year.


  • US softens stand on rules of origin; Canadian proposal gains momentum, says insider

    At a discussion panel held in Windsor, Ontario last week, Flavio Volpe, president of Canada's Automotive Parts Manufacturers' Association, said the U.S. delegation has soften its proposal of raising the minimum content from North American origin for vehicles manufactured in the NAFTA region, CBC News reported

    "I was very worried


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