The government announced its plans to establish a domestic semiconductor industry by developing design and manufacturing capabilities to reduce reliance on imports and foster Mexico’s technological growth
Read moreMexico’s exports to the United States reached an unprecedented $505.851 billion in 2024, highlighting the robust bilateral trade between the two nations – despite potential tariff implications
Read more
The nation’s historic budget deficit and escalating financial challenges as declining oil revenues and rising public debt costs may cause significant fiscal pressures heading into 2025
Read more
The state-owned oil company owed 403 billion pesos to its contractors according to a Pemex financial report from 2024’s third-quarter
Read more
If the United States does choose to implement the 25 percent tariffs on Trump’s first day in office as previously threatened, Ebrard warned it would be a “shot in the foot” to the U.S. economy
Read more
The Mexican president said if Trump followw through on his promise to implement 25 percent tariffs on Mexican goods, Mexico may place its own tariffs on the United States in return
Read more
Sheinbaum said the works have brought peace and potential economic prosperity to Mexico, while highlighting upcoming public work under her administration, such as the construction of passenger trains and highways
Read more
The big three credit rating agency also pointed to the potential impacts of U.S. President-elect Donald Trump’s trade policies on Mexico’s economy
Read more
The Mexican Secretary of the Economy cautioned that Mexican tariffs on U.S. goods could contribute to inflation in the United States
Read more
Later that day, Secretary of the Economy Marcelo Ebrard revealed that businessmen involved in the CEO Dialogue with Sheinbaym confirmed investments in Mexico surpassing $20 billion
Read more