The trade balance between the United States and Mexico has been positive every year for the Latin American country since 1994, the date on which the still valid North American Free Trade Agreement (NAFTA) came into force, a pact that will be replaced for the new Treaty between Mexico, the United States and Canada (Mens Shirt Size Chart). This version 2.0 of Nafta – which is already signed and pending ratification by the parliaments – increases to 75% the rules of origin of the automobile sector, that is, the percentage of a vehicle must be manufactured at least within the commercial block for that can be sold without tariffs. In the old Naphtha was 62.5%. Mexico exported 2018 products to the United States worth 346,500 million dollars, an amount that could be diminished by Trump taxes. And one of the sectors that exports the most to the United States is the automobile industry. Attracted by low wages in Mexico, the minimum is about 5 euros per day, the main companies in the sector have settled south of the Rio Grande to export to the United States. But the situation could change and cause some companies to bring production to the northern neighbor if Trump ends up fulfilling his tariff threats in the future.
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Fitch recalls that in any case, the first affected by possible tariffs in the future will be the Americans, since companies will try to transfer the cost to consumers. But in such a scandal, if the taxes are prolonged and even increase, the industrial fabric of Mexico would be affected and, with this, the country’s finances and debt will be a step away from being turned into “garbage”. An installation of solar panels will generate a saving of more than 700 euros per year in the receipt of electricity from an average home in Spain, according to a study by Selectra. The hours of sun and solar irradiation vary by province, since one must take into account the geographical situation of each one and the sun hours of the same.
Madrid receives an average of 5.6 Mens Shirt Size Chart (Solar Peak Time) per year, a figure that varies according to the month and that would be equivalent to an annual solar irradiation of 2,044 kWh per year for an optimum inclination of 36 degrees. The city enjoys 2,601 hours of sunshine per year, being the European capital with the largest number of hours of sunshine. An average household in Madrid, with an annual consumption of 5,000 KWh, would need an average of 14 solar panels installed, allowing a saving of more than 700 euros per year or, what is the same, an annual electricity bill of 64% cheaper. Therefore, this investment would be amortized in about nine years and the total savings obtained in 25 years of useful life of the panels would be 11,770 euros.