After the devastating earthquake in Mexico, the trade offices of Arizona and Phoenix in Mexico City are trying to help the affected communities.
Officials expect a temporary disruption in business at Phoenix’s trade office in Mexico City following Tuesday’s 7.1 magnitude earthquake.
Mexican shoppers have for decades traveled up to the border to buy what was otherwise unavailable in their country. But those habits are changing and businesses on the border are struggling to find a way to evolve with them.
A Sierra Vista construction company is among four firms federal authorities have chosen to build models of a border wall made from materials other than concrete.
International oil corporations are rushing to the Mexican side of the Gulf of Mexico. For the first time in decades, the country is opening up its energy sector. And the interest in its deep-water reserves has come from global big guns like ExxonMobil and even the Chinese government to the tune of an expected $60 billion in investment.
While politicians debate the North American Free Trade Agreement, companies from states like Arizona visit Mexico to spread their wings, as the aerospace segment works to grow while avoiding politics.
The U.S., Mexico and Canada will enter the second round of negotiations for the North American Free Trade Agreement on Friday.
President Donald Trump said Tuesday in Phoenix his administration will probably end up terminating NAFTA. But, at the same time, other prominent Arizonans were arriving in Mexico City to pursue the opposite.
A Navajo coal mine in New Mexico just bought two new locomotives to deliver coal from the mine to the Four Corners Power Plant. The purchase demonstrates an investment in coal by the Navajo government at a time when natural gas has become the preferred low-cost energy source.
The Department of State has updated its travel warnings to Mexico, and some tourist attractions and the neighboring state of Sonora made it onto the list.