Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Trump Wrong on Mexico’s VAT

Trump Wrong on Mexico’s VAT

President Donald Trump wrongly said that “nobody from this country knew” about Mexico’s value-added tax until after NAFTA was signed. A deputy U.S. trade representative at the time NAFTA was put in place said: “US policymakers, embassy officials and tax authorities were fully aware of Mexico’s VAT system.”The president also claimed that the VAT tax put the U.S. “16 points behind, before we even started.” The former trade representative, as well as several economists and tax experts, told us the VAT is not . . .

Read Full Story

Related Posts

Playa del Carmen merchants allege inspector extortion

Playa del Carmen merchants allege inspector extortion

Merchants in Playa del Carmen say Civil Protection inspectors are demanding payments over minor issues...
Mexico and US launch first T-MEC review talks March 16

Why Citi sees T-MEC lifting Mexico growth in late 2026

Citi says Mexico can still grow 1.4% in 2026 if T-MEC talks restore investment confidence...
Teotihuacán Reopens as Security Tightens for Visitors

Teotihuacán Reopens as Security Tightens for Visitors

Teotihuacán reopened with heavier security after a deadly shooting, as tourists returned and vendors warned...
Mexico moves to curb emissions from new motorcycles

Mexico moves to curb emissions from new motorcycles

Mexico published a draft rule to cap emissions from new gasoline motorcycles and require certification...