Tag #Mexican Economy

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Mexico Races to Avert US Tariffs

Mexico is urgently working to prevent US tariffs on \$505 billion in annual exports, with Secretary Ebrard leading negotiations; a "Hecho en Mexico" initiative aims to boost domestic production and reduce reliance on Asian imports; \$60 billion in investments are on hold.

Progress

36% Bias Score

Decent Work and Economic Growth
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Mexico Races Against Time to Avert U.S. Tariffs

Facing potential 25% tariffs on Mexican exports, President Sheinbaum secured a 30-day delay to negotiate with the U.S., collaborating with Mexican businesses to leverage Mexico's role as the top U.S. importer and promote the "Hecho en Mexico" initiative, aiming to avoid economic recession.

Progress

44% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Trump's Tariff Threat Shakes Mexican Economy

President-elect Trump's threat to impose a 25% tariff on Mexican imports if Mexico doesn't control migration and drug trafficking has sparked concerns among Mexican businesses, given that over 82% of Mexico's exports go to the US, exceeding \$424 billion from January to October 2024.

Progress

40% Bias Score

Decent Work and Economic Growth
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🌐 75% Global Worthiness
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Mexico Revives "Hecho en México" Logo to Counter US Tariffs and Boost Economy

The Mexican government reinstated the "Hecho en México" logo for products meeting quality standards, aiming to boost the national economy amid US tariff threats and support President Sheinbaum's Plan Mexico.

Progress

36% Bias Score

Decent Work and Economic Growth
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Trump Imposes 25% Tariff on Mexican Imports

President Trump imposed a 25% tariff on most Mexican and Canadian goods and a 10% tariff on Chinese goods, impacting 80% of Mexican exports to the US, effective February 4th, 2025, to pressure Mexico on illegal immigration and fentanyl.

Progress

52% Bias Score

Decent Work and Economic Growth