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Walmart to invest billions in Mexico despite US tariff threat [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Appearing at Mexican President Claudia Sheinbaum's morning news conference, the company's country head Ignacio Caride said that new store openings would generate around 5,500 jobs in the Latin American country. "Walmart arrived in Mexico more than 65 years ago, and we will be here for the next 30, 60, or 90 years," he said. Seeking to ease concerns about the outlook for the Mexican economy in the face of Trump's tariff threats, Sheinbaum has invited several company executives to appear alongside her to present their investment plans. E-commerce behemoth Amazon, its regional rival Mercado Libre, streaming giant Netflix and Spain's biggest bank Santander are among the foreign firms that have announced major investments in recent months. Speaking a day after Trump announced a 25 percent tariff on all cars that are not made in the United States, Sheinbaum said that the duties were contrary to a North American free trade deal. "Of course, there should be no tariffs within the Un [Read more]
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