There are 20 car assembly plants in Mexico competing for workers, so it’s an employee’s market. As a result, companies are experiencing high staff turnover and absenteeism rates.
On June 8, President Donald Trump suspended the tariffs he had threatened on all imports from Mexico, a move that could have wreaked havoc on Mexico’s manufacturing sector and the North American auto business generally.
Of the $20 billion of U.S. agricultural exports to China that became subject to new tariffs in 2018, over $10 billion were applied to soybean exports. Those numbers reveal that U.S. farmers exported more soybeans to China than all other agricultural products combined. Farmers have historically exported 60% of all their total soybean production, half of that to China.
In 2018, China responded to President Donald Trump’s tariffs on $250 billion of United States imports by retaliating against $110 billion of U.S. exports. Almost all U.S. farm exports to China became subject to retaliation last year.
New York’s John F. Kennedy International Airport is situated in the largest and densest consumer market in the United States, a city of over 8.6 million people within a metropolitan region of over 20 million.
Investments in Connecticut, Rhode Island, and New York advance region as industry hub.
Why exports and imports are both seeing healthy growth
New rail assets introduced, barge project inaugurated, labor productivity measures enacted
In an agreement penned in February by the New York Shipping Association (NYSA) and the Waterfront Commission of New York Harbor, the Port of New York and New Jersey will be hiring 650 more dock workers through mid-2020.
Nations proactive on trade, but EU rupture could also have internal implications
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