U.S.-Mexico trade

3 months ago

Mexico Pushes Back Against Trump’s Tariff Threats

Mexican President Claudia Sheinbaum responded firmly on Tuesday to U.S. President-elect Donald Trump’s threats of imposing 25% tariffs on Mexican goods. Trump’s proposed tariffs are part of a broader push to curb

bank-of-mexico-cuts-interest-rate-to-9.5%

Economy

2 weeks ago

Bank of Mexico Cuts Interest Rate to 9.5%

The Bank of Mexico (Banxico) lowered its benchmark interest rate by 50 basis points on Thursday, citing cooling inflation and economic weakness. The rate now stands at 9.5%, marking its largest cut

gm-plans-to-offset-up-to-50%-of-trump’s-auto-tariffs

Business

2 weeks ago

GM Plans to Offset Up to 50% of Trump’s Auto Tariffs

General Motors (GM) CEO Mary Barra said Tuesday that the company has contingency plans in place to mitigate between 30% and 50% of the potential tariffs President Donald Trump is threatening to

GM Stock Falls as Tariff Concerns Cloud Strong Outlook

General Motors (GM) saw its stock drop 8% today despite issuing higher-than-expected profit guidance for 2025. The decline comes as investors react to the automaker’s acknowledgment that its outlook excludes the potential

4 weeks ago

Investing

Mexico’s Inflation May Drop Below 4% in January – Official

What Happened Deputy central bank governor Jonathan Heath told newspaper Excelsior on Monday that Mexico’s headline and core inflation rates are expected to fall below 4% in January. Heath emphasized that the

1 month ago

Economy