United States: in Texas, Mexican businesses hit hard by customs surcharges

Apart from China, which is the target of a total trade war, the White House has been forced to suspend certain taxes on foreign products. Exceptions have been granted for Canadian and Mexican goods. However, for the rest, a 25% surtax remains in effect – with immediate economic repercussions. In Houston, Texas, Latin American businesses, dependent on Mexican imports, are directly affected.

Trade representatives from 16 countries attended RioPlex's summit in Houston – Rio Grande Guardian

HOUSTON, Texas – RioPlex hosted its “Texas Port to the Stars Foreign Direct Investment Summit” at the Westin Galleria in Houston on April 9th and 10th, 2025. It was the first time the region – the Rio Grande Valley and northern Tamaulipas – had promoted itself at a summit held outside its boundaries. The closing remarks at the summit were delivered by Valerie G. Segovia, vice president of investor relations at the Texas Economic Development Corp…