Puerto Vallarta News

Puerto Vallarta News

GE backs NAFTA and voices support for Mexico

General Electric (GE.N) on Friday praised Mexico as a big part of its future and said the company is "very supportive" of the North American Free Trade Agreement (NAFTA) that U.S President Donald Trump has threatened to ditch.

GE Chief Executive Officer Jeff Immelt said on a visit that Mexico had great potential and was not properly understood. He touted the conglomerate's Mexican operations and the trade deal binding Mexico, Canada and the United States.

"GE as a company, we're very supportive of NAFTA," Immelt told employees at an event to mark the expansion of operations . . .

Read Full Story

Related Posts

Rally Maya México confirms Cancún finish for 2026 tour

Rally Maya México confirms Cancún finish for 2026 tour

Rally Maya México announced its 2026 dates and five-stage route, starting in Palenque and ending...
Los Muertos Pier hosts free Valentine DJ set in PV

Los Muertos Pier hosts free Valentine DJ set in PV

Puerto Vallarta will light up Los Muertos Pier on Feb. 14 with a free electronic...
Mexico withholding tax shakes real-estate crowdfunding

Mexico withholding tax shakes real-estate crowdfunding

Mexico’s 2026 tax rules force real-estate crowdfunding platforms to withhold 20%–35% on returns, complicating investing...
Mexico Real Estate Embraces AI Amid Capital Squeeze

Mexico Real Estate Embraces AI Amid Capital Squeeze

Mexico’s real estate developers grapple with pricier loans and shorter timelines. They’re embracing AI and...