tax

Several national and international organizations have indicated Mexico's low tax collection, especially in comparison with other countries

The decree seeks to give an edge to northern Mexican businesses, which compete with U.S.-based companies across the border

The first budget presented by Mexico’s new leftist government was met with a positive response from financial markets on Sunday

Felipe Calderón, issued a decree that determined that every state had the faculty to collect the ownership tax or not

"When it comes to Mexico, if there were a big jump in tariffs on U.S. imports, we would have to respond in some way," Executive Vice President Seiji Kuraishi told reporters at an earnings briefing

If the United States imposes a border tax on Mexican imports, it's not just tequila, beer and avocados that would jump in price.

The White House Press Secretary says President Donald Trump has yet to make a final decision about how the U.S. will recoup the costs of his proposed border wall.

The company on Thursday posted US$4.6 billion in net income, down nearly US$2.8 billion from a year earlier.

Economy Minister Ildefonso Guajardo said Trump's proposed tax "was a problem for the entire world" and that it "would have a wave of impacts that could take us into a global recession"

“Let’s find out what happens as a result of President-elect Trump coming in and how he views imports," said FCA CEO Sergio Marchionne