Mexico

Smith & Wesson Brands Inc. (NASDAQ:SWBI) faces increased legal scrutiny as Mexico’s landmark lawsuit against U.S. gun manufacturers reaches a critical juncture at the Supreme Court, potentially creating new liability risks for the firearms industry. What Happened: The lawsuit, filed in...

Retailer Costco Wholesale Corporation (NASDAQ:COST) is the latest company to warn about the impact tariffs imposed by President-elect Donald Trump could have on higher prices for consumers. What Happened: Costco beat analyst estimates for revenue and earnings per share in the first-quarter...

Warren Buffett just gained greater exposure to the burgeoning digital bank sector in Africa and Asia. What Happened: Nu Holdings (NYSE:NU) — backed by Buffett’s Berkshire Hathaway (NYSE:BRK)(NYSE:BRK) — led a new funding round for Singapore-based Tyme Group. Tyme specializes in building...

Mexico's President Claudia Sheinbaum has announced a review of a controversial bill to ban open-pit mining. Congress approved the bill in July after debating balancing environmental protection with economic priorities. "Open-pit mining warrants a thorough review, as activities such as sand...

A proposal by Donald Trump to impose tariffs on products that come to the U.S. from China, Canada and Mexico could have an impact on products and their prices found in American dollar stores. What Happened: For years, dollar stores have offered items across their aisles that cost $1 or less in many...

President-elect Donald Trump's aggressive tariff proposal—25% on imports from Canada and Mexico—could wreak havoc on North America's economies. Goldman Sachs predicts losses for Canada and Mexico, surging consumer prices, and a slowdown in U.S. growth. In a note shared on Monday, Goldman Sachs...

In a shortened trading week for the Thanksgiving holiday, President-elect Donald Trump sent shockwaves through the markets by announcing plans to impose a 25% tariff on all imports from Mexico and Canada alongside a 10% hike on Chinese goods. These measures, he indicated, aim to pressure these...

The U.S. auto industry may be staring down a massive profitability crunch as President-elect Donald Trump's proposed 25% tariffs on vehicle imports from Mexico and Canada threaten to squeeze margins by nearly one-fifth, according to S&P Global Ratings. Michigan-based automakers like General...

Mexican President Claudia Sheinbaum has publicly countered President-elect Donald Trump‘s statement regarding Mexico’s agreement to close its border with the United States. Trump had claimed that Mexico would immediately halt migration to the U.S., a statement Sheinbaum has now...

President-elect Donald Trump said he has had a “wonderful conversation” with Mexico’s President, Claudia Sheinbaum, aimed at curbing migration and drug inflow into the United States. What Happened: On Wednesday, Trump shared on Truth Social about a productive conversation he had...

American beer drinkers could see some of their favorite beverages cost more in the coming years if President-elect Donald Trump's plan to place a 25% tariff on Mexican imports goes through. What Happened: Trump has promised to put tariffs on countries like China, Mexico and Canada when he is...

The trade relationship between the U.S. and Mexico, America's top trading partner in 2023, entered a new phase of tension. President-elect Donald Trump's recent pledge to impose 25% tariffs on all imports from Mexico and Canada, as soon as he returns to the Oval Office in January, has sent ripples...

On Tuesday, President-elect Donald Trump named lawyer Jamieson Greer as his pick for United States Trade Representative, the top U.S. trade position. What does the choice mean for a second Trump administration? The Pick: Greer is a partner at corporate law firm King & Spalding in the...

President-elect Donald Trump's latest tariff proposal could represent a potential economic earthquake, with economists already forecasting significant fallout for trade flows, exchange rates and consumer prices. On Monday, Trump announced plans to impose a 25% tariff on all imports from Mexico and...

Mexican President Claudia Sheinbaum offered a sharp rebuke of President-elect Donald Trump‘s tariff threats. What Happened: According to Bloomberg. Sheinbaum has suggested that Mexico could respond to U.S. tariffs with a protectionist policy of its own. "One tariff will be followed by another...