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Us Mexico Trade

All articles tagged with #us mexico trade

Arizona Border Reopens for Mexican Cattle, but Experts Doubt Price Relief
economy1 month ago

Arizona Border Reopens for Mexican Cattle, but Experts Doubt Price Relief

The US Department of Agriculture reopened a border crossing in Douglas, Arizona, to Mexican cattle on Monday, August 24, 2026. This move aims to address record-high beef prices and a shrinking domestic herd. However, agricultural economists argue that the phased reopening will not significantly lower consumer prices in the near term due to the small scale of initial imports and the long timeline required to rebuild the US cattle population.

US Reopens Border to Mexican Cattle Despite New Screwworm Cases in Sonora
agriculture1 month ago

US Reopens Border to Mexican Cattle Despite New Screwworm Cases in Sonora

The US Department of Agriculture (USDA) began reopening the Douglas, Arizona, border crossing to Mexican cattle on August 24, 2026, despite a new screwworm case reported in Sonora days earlier. Economists predict this move will not significantly lower US beef prices, which remain high due to a historic 75-year low in the US cattle herd. While Mexican ranchers welcome the return of trade, US producers fear increased competition and potential disease spread. The USDA plans to open additional ports in New Mexico within 30 to 60 days, contingent on ongoing monitoring.

US-Mexico cattle trade resumes in Arizona despite new screwworm case in Sonora
business1 month ago

US-Mexico cattle trade resumes in Arizona despite new screwworm case in Sonora

The US Department of Agriculture (USDA) is proceeding with the reopening of the Douglas, Arizona, border crossing to Mexican cattle on August 24, despite Sonora reporting its first confirmed case of New World screwworm just days prior. This move aims to ease high beef prices and support struggling Mexican ranchers, though it has sparked fierce debate between US ranchers fearing price drops and Mexican exporters worried about long-term supply chain shifts.

business1 year ago

Ford Faces $2 Billion Loss Due to Trump Tariffs Amid Mixed Earnings

Ford posted its first quarterly loss since 2023 due to over $800 million in tariffs, despite manufacturing mainly in the US. JPMorgan Chase has expanded to 5,000 branches, the most of any US bank. The US and Mexico are set to continue trade negotiations during a 90-day period amid ongoing tariffs, with recent talks described as successful by President Trump.