Tag #Mexico Economy

Showing 13 to 23 of 23 results

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Mexico Races Against Time to Avert US Tariffs Amidst Security Concerns

Facing a potential 25% tariff on its US exports, Mexico is negotiating with the US government, focusing on security and trade issues, with proposals including increased customs control and restrictions on Chinese and Asian imports to avert economic crisis.

Progress

52% Bias Score

Decent Work and Economic Growth
abcnews.go.com
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Slim Critiques Trump's Policies, Advocates for US Manufacturing Resurgence

Mexican billionaire Carlos Slim addressed President Trump's second term, criticizing tariffs and advocating for increased US domestic production and enhanced border security between Mexico and the US; he also discussed the economic outlook and potential solutions for the US and Mexico.

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48% Bias Score

Decent Work and Economic Growth
abcnews.go.com
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Trump's Tariff Threats Shake US-Mexico Border Economy

President Trump's threatened 25% tariffs against Mexico, despite a one-month reprieve, jeopardize the $800 billion USD in US-Mexico trade in 2024, causing uncertainty in Mexican border towns like Ciudad Juarez, where maquiladoras supplying the US market face potential closure and job losses.

Progress

40% Bias Score

Decent Work and Economic Growth
bbc.com
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25% US Tariff on Mexican Goods Threatens Recession

President Trump imposed a 25% tariff on all Mexican goods, potentially causing a recession in Mexico due to its heavy reliance on US exports (80% of total exports).

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52% Bias Score

Decent Work and Economic Growth
elpais.com
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US Imposes 25% Tariffs on Mexican Imports

President Trump imposed 25% tariffs on Mexican imports due to concerns about drug trafficking and illegal immigration, despite Mexico's efforts to reduce migrant flow by 76% since December 2023 and record drug seizures; the tariffs, effective immediately, could cost Mexico $10 billion.

Progress

60% Bias Score

Reduced Inequality
elpais.com
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Mexicana Airlines Struggles: Route Cuts and Financial Crisis

Mexico's state-owned airline, Mexicana, launched in December 2023 with only two aircraft, has canceled eight routes due to financial losses and an unfavorable lease agreement, facing a USD 838 million lawsuit and aiming for profitability by 2030.

Progress

48% Bias Score

Decent Work and Economic Growth
elpais.com
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Mexico Launches Diplomatic Offensive Against US Steel and Aluminum Tariffs

Mexico is launching a diplomatic offensive to prevent U.S. tariffs on steel and aluminum, emphasizing the U.S.'s trade surplus in the sector and the potential harm to the USMCA; high-level meetings and a letter to the U.S. president are planned before considering retaliatory measures.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Canada's Economy Suffers as US Tariffs Weigh In

Bank of Canada Governor Tiff Macklem warns that US President Trump's threatened tariffs on Canadian and Mexican imports are already hurting both countries' economies, with prolonged uncertainty potentially causing further damage; in a benchmark scenario with retaliatory tariffs, Canada's GDP growth ...

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36% Bias Score

Decent Work and Economic Growth
elpais.com
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Mexico Averts US Tariffs with Border Troop Deployment

Mexico averted a 25% US tariff increase by deploying 10,000 troops to its border with the US, a temporary measure until March 4th, highlighting the significant economic impact of the threat and Mexico's ongoing role in US immigration policy.

Progress

48% Bias Score

Peace, Justice, and Strong Institutions
elpais.com
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US Tariffs on Mexico and Canada: Potential Economic Impacts

The White House announced tariffs on imports from Mexico and Canada, potentially starting February 4th, causing uncertainty about their economic effects, with the Mexican peso expected to depreciate and US consumers facing higher prices.

Progress

32% Bias Score

Reduced Inequality
dw.com
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Mexico Unveils "Plan México" to Boost Economy, Counter US Tariffs

President Claudia Sheinbaum's "Plan México" aims to transform Mexico's economy by 2030, creating 1.5 million jobs, increasing investment to 28% of GDP, and becoming the world's tenth-largest economy, thereby countering potential US tariffs with domestic growth and reduced reliance on imports.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 13 to 23 of 23 results