Moody’s Lowers Mexico’s Economic Growth Forecast
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
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Ebrard Warns of Retaliation to Trump’s Proposed Tariffs
The Mexican Secretary of the Economy cautioned that Mexican tariffs on U.S. goods could contribute to inflation in the United States
Read moreSheinbaum Reassures Mexico After Trump’s Presidential Election
The Mexican federal executive went on to address Trump’s concerns about immigration and drug trafficking at the U.S.-Mexico border and reassure markets about Mexico’s economic strength
Read moreTrump Threatens to Implement High Tariffs on Mexico Upon Election
Trump’s proposed tariffs on Mexico would purportedly begin at 25 percent, before sliding up to 100 percent based on Mexico’s willingness to cooperate with his desires
Read moreSheinbaum Assures Judicial Reform Won’t Affect Private Investment
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 moreBillions in Foreign Investment Paused Over Mexico’s Judicial Reform
The Wall Street Journal reported that approximately $35 billion in U.S. investment is now suspended due to the potential impacts of President López Obrador’s proposed changes to the judicial branch
Read moreWashington Post Claims US Right to Interfere in Mexico’s Judicial Reform
The newspaper highlighted that Mexico’s President-elect Claudia Sheinbaum’s support of the judicial reforms could undermine the goals of her presidential administration on the international stage
Read moreUS, Canada Continue Raising Concerns on Mexico’s Judicial Reform
The U.S. and Canadian ambassadors to Mexico highlighted potential issues the proposed reforms that could alter to the countries’ trade relationship with Mexico
Read morePeso Falls After Global Market Crash
Experts signaled that a potential recession in the United States caused investors to sell off pesos in a “domino effect” away from assets deemed as risky
Read moreMexico May Reassess Trade Relationship with China
China reportedly sells Mexico $119 billion in goods annually while only purchasing $11 billion in return
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