Borderlands is a weekly set of developments in the world of USA and border trade. This week: definitions of job losses in border factories in Mexico; Echo Global Logistics joins the American Customs Trade Security Program; Mexico set the record with $ 34 billion in foreign investment over two years.
A tariff tariff that pays job losses in Mexican border factories
The MAQUiladora industry in Mexico faces increasing pressure from the American tariff, as factories dispose of tens of thousands of jobs in June.
The manufacturing program, the manufacturer and the export services industry (IMMEX), decreased by 2.4 % on an annual basis in employment, as 76,800 jobs were lost in June. The total employment through IMMEX factories decreased to 3.2 million workers.
The manufacturing sector witnessed a decrease of 2.9 % in employees, while workers who were subjected to subconsciously decreased – a decrease of 22.7 % compared to June 2024.
Monthly statistics were produced by the National Institute of Statistics and Geography in Mexico.
For decades, Maquiladoras – the factors run by foreign companies in Mexico were topped in the first place to their countries of origin – a major engine of industrial output in Mexico.
About 6530 Maquiladoras, the most concentrated along the US Mexican border, use more than 3 million people who make products such as medical devices, consumer goods, electronics, airline parts and car components.
Industry analysts say that the latest decline is linked to the new American commercial measures, including the customs tariff imposed on June 13 and a 25 % tariff for car commodities that were presented earlier this year.
“It is an worrying situation because there are no improvements in the short term,” said Marcelo Vazquiz, a state representative in Chihuwa at the National Assembly of the Merciful and the exporters of the Mexican Republic. El Diario. “On the one hand, the tariff war continues and affects Maquiladoras. On the other hand, increasing the minimum wage is still expected, and this is what affected us here on the northern border.”
Despite the decrease in employment, the wages have risen for IMMEX workers. The average monthly salary increased by 5.1 % year on a year in June to $ 1,174.13.
Echo Global Logistics joins the American Customs Trade Program
The company announced on Wednesday that Echo Global Logistics Inc. It was approved as a partner in the Customs Commerce Partnership Program (CTPAT).
The volunteer program, which is run by customs and the protection of American borders, requires the participants to implement security measures and ensure their commercial partners ’followers to follow similar protocols. On the other hand, approved companies receive advantages like a fewer number of goods inspections, training opportunities, and the participation of information enhanced with federal officials.
The Chicago -based Echo Global Logistics provides Chicago, the supply chain and the supports technology chain.
Mexico set a record with $ 34 billion in foreign investment over two years
Mexico has attracted $ 34.26 billion in foreign direct investment over the past two years, the highest level has ever registered for 24 months.
American companies led the road, contributing 14.7 billion dollars in 146 projects and holding 42.9 % of the total investment.
Tamaulipas has emerged as a higher capital, with $ 20 billion in national and foreign investment and more than 42,700 jobs during the same period.
Tamaulpas is 230 miles from the border with Texas along the Rio Grande River, with border crossings connecting cities such as Bronzville, Texas, to Matamorus, Mexico, as well as McClic, Texas, to Renosa, Mexico
