Walmart said Thursday it would invest over $6 billion in Mexico this year, despite the threat of U.S. tariffs.
Ignacio Caride, the company’s head in Mexico, appeared at Mexican President Claudia Sheinbaum’s morning news conference.
According to AFP, new store openings would generate approximately 5,500 jobs in the country.
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“Walmart arrived in Mexico more than 65 years ago, and we will be here for the next 30, 60, or 90 years,” he said, according to AFP.
Walmart is moving forward with a $6 billion investment in Mexico, defying Trump’s tariff threats.
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#EnLaMañanera | “Walmart llegó a #México hace 65 años y aquí estaremos los próximos 30, 60 o 90 años”: la multinacional estadounidense
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