U.S. President-elect Donald Trump to impose a hefty fee on the Japanese automaker it if builds its Corolla cars for the U.S. market at a plant in Mexico
"General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A. or pay big border tax!" Trump said in a post on Twitter
In Mexico, a tax rise in 2014 led to a 10 percent price hike and a 6 percent drop in purchases by year-end, the report said.
Mexico's Cemex reported an unexpected US$35 million profit in the first quarter of 2016, following a loss of US$149 million in the same period a year earlier.
50 percent cut in taxes on soft drinks with less than 5 grams of added sugar per 100 ml.