Puerto Vallarta News

Puerto Vallarta News

Will NAFTA 2.0 Really Boost Mexican Wages?

Will NAFTA 2.0 Really Boost Mexican Wages?

NAFTA is no more. The North American Free Trade Agreement has a new name — the United States-Mexico-Canada Agreement, or USMCA — and its rules have been updated and revamped.

For Mexico, there's one rule in particular that gives workers hope higher wages are coming.

It says that 40 percent of a car must be made in a plant where workers make at least $16 an hour in order to avoid U.S. import tariffs. That would mean a fivefold boost to the average Mexican autoworker's wage of $3.14 an hour .

But while that . . .

Read Full Story

Related Posts

Puerto Vallarta yellow flags

Yellow Flags on Eight Puerto Vallarta Beaches Friday

Eight Vallarta beaches are under yellow-flag caution and Conchas Chinas is red this Friday. Here’s...
Sierra La Laguna project draws heat over El Niño Verde

Sierra La Laguna project draws heat over El Niño Verde

Sierra La Laguna’s conservation proposal faces scrutiny after “El Niño Verde” is confirmed in the...
Bajío–Madrid route opens Guanajuato’s first link to Europe

Bajío–Madrid route opens Guanajuato’s first link to Europe

Guanajuato says a direct Bajío–Madrid flight with Air Europa is planned for 2026, cutting long...
Los Cabos businesses demand transport inspectors removed

Los Cabos businesses demand transport inspectors removed

Los Cabos business leaders urge BCS to remove transport inspectors after alleged abuses, warning heavy-handed...