North America to boost semiconductor industry

In a statement ahead of a North American leaders' summit in Mexico City, the White House said the three countries would in early 2023 organize a semiconductor forum to increase investment in the strategic hi-tech industry.

Canadian Automotive Parts Manufacturers’ Association President Flavio Volpe, who is in Mexico City during the summit, said a real North American sourcing strategy of semiconductors is imperative. Meanwhile, Mexico's hopes of benefiting from the push to boost semiconductor output have been undermined by the energy dispute, with Washington and Ottawa complaining that Mexican policies are putting their investors at a disadvantage.Canadian International Trade Minister Mary Ng put across concerns about Mexico's energy policies and their potential effects on Canadian investments in a meeting with Mexican Economy Minister Raquel Buenrostro.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business leaders urge ‘Three Amigos’ to move past trade disputes, embrace ‘Team North America’ approachCanada, Mexico, U.S. leaders set to meet in Mexico to talk about boosting trade and investment and building a better supply chain to fuel the continent’s electric-vehicle production IF they redo the trade deal can we remove Section 230 as a law that Big Tech baked into the last one putting a 1996 US law automatically onto Canad and Mexico? Section 230 allows Big Tech platforms to thrive with no gates or reprecussions for hate, lies and dismantling of truth. Maybe some outside help to deal with the Mexican cartels? As is now, all US wants is to ignore Canada. To be honest, that’s exactly the right thing for US, regardless whether it has a Republican or Democrat in the Oval Office.
Source: globeandmail - 🏆 5. / 92 Read more »