Monday, April 28, 2025
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A woman takes a product off a grocery store shelf

New data shows Mexico’s economy grew in February despite trade uncertainty

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Though recession remains a distinct possibility, February's economic performance was better than expected.
European Union Vice President Teresa Ribera in front of a European flag

European Union rep confirms updates to trade agreement with Mexico

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As U.S. trade relations remain on shaky ground, EU Vice President Teresa Ribera is shoring up diplomatic ties with a tour of Mexico.
A Grupo Modelo industrial brewery building with a sign reading "Cerveceria Modelo"

Grupo Modelo set to invest US $3.6 billion in Mexico over...

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The investment from the mega-brewer, whose brands include Corona and Pacífico, will provide a boost for the economic development goals in Sheinbaum's Plan México.
The World Bank globe logo on a grey building

World Bank cuts growth forecast for Mexico, predicting economic stagnation

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Despite progress on poverty reduction, the World Bank predicts trade uncertainty will limit Mexico's economic growth this year.
Sheinbaum admiring the Mexican flag

Opinion: Trump’s tariffs could Make Mexico Great Again

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Should Mexico continue to view the NAFTA era as the status quo? Mexican e-commerce expert José Bachur argues the grass could be greener on the other side.
Home Depot sign

The Home Depot is coming to San Miguel de Allende

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The San Miguel store, scheduled to open in 2026, is part of The Home Depot's plan to open 25 stores across Mexico over the next four years.
A close up of the lids of aluminum beer cans

US clarifies that beer is not subject to aluminum tariffs — just the can

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Mexican beer producers are breathing a sign of relief after the U.S. explained what it meant when it listed beer as an aluminum derivative subject.
GM EV

GM: ‘No plans’ to move production of EV models out of Mexico

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GM's director of EV operations in Mexico said there are no plans to alter the list of EV models produced at the company’s factory in Coahuila, which makes the Equinox, Blazer and Cadillac Optic.
The words Fitch Ratings on an office building

Fitch affirms Mexico credit rating but predicts recession for this year

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Though Fitch predicted tariffs and a U.S. slowdown would hurt Mexico's economy this year, the outlook for 2026 is brighter.
A military rider on horseback bears a Mexico flag in a parade

In the wake of Trump’s tariff chaos, Mexico’s economy needs a rethink: A perspective from our CEO, Part 3

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What would a rethink of the Mexican economy look like? CEO Travis Bembenek lays out the best-case scenario for Mexico in three parts.
Why is a rethink of the Mexican economy necessary?

In the wake of Trump’s tariff chaos, Mexico’s economy needs a rethink: A perspective from our CEO, Part 2

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What would a rethink of the Mexican economy look like? CEO Travis Bembenek lays out the best-case scenario for Mexico in three parts.
Mercado Libre packages

Mercado Libre to create 10,100 new jobs in Mexico this year

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The news follows the Latin American e-commerce giant's March announcement that it plans to invest US $3.4 billion in Mexico in 2025.
Honda

Honda denies plans to shift Mexico, Canada production to US despite tariff rumors

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On Tuesday, Japanese newspaper Nikkei reported that Honda was considering relocating some vehicle assembly from its plants in Mexico and Canada to the U.S.
Mexico-U.S. relations

In the wake of Trump’s tariff chaos, Mexico’s economy needs a rethink: A perspective from our CEO, Part 1

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What would a rethink of the Mexican economy look like? CEO Travis Bembenek lays out the best-case scenario for Mexico in three parts.
A Mexican 20-peso bill and a U.S. 20-dollar bill on an abstract black background. The Mexican bill is laying over the U.S. bill.

Mexican peso starts the week strong as the US dollar weakens

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The peso strengthened Monday morning after the U.S. introduced new tariff exemptions for some tech products.

New report: Fuel smuggling is costing Mexico US $24 million a day

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Fuel smuggling remains a major problem in Mexico, where roughly 30% of fuel sold is contraband.