Mexico

The U.S. stock market traded mixed on Tuesday morning, with major indices showing tight movements as investors awaited the release of the Federal Reserve's November meeting minutes. Reports are expected to provide fresh critical insights into the central bank's outlook for interest rates. Fed...

President-elect Donald Trump dropped an economic bombshell Monday, announcing plans to slap hefty tariffs on key U.S. trade partners once he returns to the White House on Jan. 20. Trump pledged 25% tariffs on all Mexican and Canadian imports and an additional 10% levy on Chinese goods, which would...

Amid rising tensions over trade policies, Mexico faces a dilemma regarding a potential investment from Chinese electric vehicle manufacturer BYD (OTC:BYDDY) (OTC:BYDDF). This comes as President-elect Donald Trump plans to impose a 25% tariff on Mexican goods, raising...

President-elect Donald Trump has announced plans to impose a 25% tariff on all products from Mexico and Canada in response to the ongoing border crisis, stirring economic concerns. What Happened: Trump took to Truth Social on Monday, to express his concern over the increasing number of people...

The Mexican Ministry of Finance (SHCP) has proposed raising mining royalties in the 2025 federal budget bill. The proposal suggests increasing two key taxes on mining activities, which is at a risk to the sector and the country's economy. What Happened? The SHCP plans to raise the special tax on...

Donald Trump‘s winning the 2024 presidential election is expected to have a negative impact on the electric vehicle sector. Tesla Inc (NASDAQ:TSLA) could benefit from CEO Elon Musk's close relationship with the president-elect. However, the company’s plan to build a Gigafactory in...

Former President Donald Trump has reiterated his commitment to imposing tariffs on cars imported from China and Mexico, aiming to protect American automotive jobs. What Happened: During an interview with Patrick Bet-David released on Thursday, Trump emphasized the critical role these tariffs would...

In a move that could further strain its relationship with the United Auto Workers (UAW,) Stellantis NV (NYSE:STLA) is planning to expand its production of Ram trucks in Mexico. What Happened: The automotive giant, which also owns Jeep, Dodge, and Chrysler, is set to expand its factory complex in...

Chinese electric vehicle giant BYD (OTC:BYDDY) (OTC:BYDDF) is setting ambitious targets for the Mexican market, aiming to sell 100,000 electric vehicles by 2025. This comes despite potential tariff challenges from former President Donald Trump that could impact the company’s growth strategy....

Former President Donald Trump said on Tuesday that he would impose 100% tariffs on every car imported into the U.S. from Mexico if elected President in the upcoming Nov. 5 elections. What Happened: “We will put a 100% tariff on every single car coming across the Mexican border. The only way...

Ahead of the 2024 presidential election, former President Donald Trump has made headlines with his latest trade policy proposal, promising hefty tariffs on vehicles produced by alleged Chinese factories in Mexico. What Happened: Billionaire entrepreneur Mark Cuban criticized former President Trump...

Ahead of the 2024 presidential election, former President Donald Trump has made headlines with his latest trade policy proposal, promising hefty tariffs on vehicles produced by alleged Chinese factories in Mexico. What Happened: Trump reiterated claims about Chinese automakers building large...

First Majestic Silver Corp. (NYSE:AG)  has announced an all-stock acquisition of Gatos Silver (NYSE:GATO) valued at approximately $970 million. The transaction will bolster First Majestic’s position as a leading silver producer and expand its operations in Mexico. Under the agreement, Gatos...

The Mexican peso experienced a positive trading session on Wednesday, advancing 0.5% against the U.S. dollar by 3:00 p.m. ET as President Andrés Manuel López Obrador (AMLO) clarified in a press conference that Mexico’s diplomatic relationships with the United States and Canada remain intact,...

Mexican financial assets have come under significant selling pressure on Tuesday as investors react negatively to domestic political developments. Concerns are mounting over a judicial reform proposal, which many see as a threat to judicial independence and a potential compromise to justice and...