Mexico Financial News

Business and political leaders in Canada say there will be pain if Donald Trump follows through on his pledge to impose a 25 per cent tariff on all Canadian goods, but they note the hurt will happen in his country as well.

Asian shares have mostly declined as worries spread over President-elect Donald Trump's comment that he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office

dollar inflows related to the rejig of MSCI's global equity indexes, which helped it sidestep weakness in regional peers after U.S. President-elect Donald Trump's tariff threat rattled markets. The rupee was at 84.23 against the U.S. dollar as of 09:40 a.m. IST, its highest level in nearly three weeks, following its previous close of 84.2875. The dollar pared early gains made in Asia trading after Trump said he would impose a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on goods from China.

President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs

The dollar rose over 2% against the Mexican peso and 1% against its Canadian counterpart.

Stocks declined, giving back some of the robust gains of the previous session, when they were buoyed by the nomination of fund manager Scott Bessent as Treasury Secretary, considered by investors as a voice for Wall Street in Washington.

FIFA has signed its long-time sponsor AB InBev to a Club World Cup deal that will promote the Budweiser and Michelob Ultra brands at the tournament in the United States next year

Subscribe to enjoy similar stories. New Delhi: US President-elect Donald Trump’s pre-election threat of stepping up import tariffs could translate into an opportunity for India to capture a larger share of the US market in the medium term as it could accelerate the re-orientation of global supply chains away from China, federal policy think tank NITI Aayog member Arvind Virmani said in an interview. Trump had proposed during his campaign an additional 10% import tariff on all goods imported into the US and a 60% tariff on goods from China.

Mexico has been taking a bashing for allegedly serving as a conduit for Chinese parts and products into North America

Lioness Season 2 continues its gripping storyline with Episode 6 set to air soon. The show is available to stream on Paramount Plus.

The Bahamas says it will refinance $300 million of its external debt to free up more than $120 million for marine conservation projects and climate change mitigation

Mexico's president has acknowledged that Canada is concerned about reports of a Chinese company's auto plant in Mexico, but she says it does not exist

Donald Trump has picked a former Michigan congressman as his upcoming administration’s ambassador to Canada.Trump said in a statement that Pete Hoekstra would help him “once again put America first.”Hoekstra thanked Trump on social media platform X, saying he was honoured for the opportunity.He must still be confirmed by the U.S. Senate.Hoekstra served as U.S.

The leader of Canada’s most populous province says all of the country’s provincial and territorial premiers want Prime Minister Justin Trudeau's federal government to negotiate a bilateral trade deal with the United States that excludes Mexico

Canada’s point person for U

Canada Post employees are on strike and calls emerge to exclude Mexico from upcoming trade talks.While question period has continued, other house business is on hold due to a Conservative privilege motion calling on the government to turn over unredacted documents on a green technology fund.Prime Minister Justin Trudeau and some members of his cabinet are not in Ottawa for the first half of the week, as they attend the G20 meeting in Rio de Janeiro, Brazil.At the Asia-Pacific Economic Cooperation meeting in Lima, Peru this weekend, Foreign Affairs Minister Melanie Joly said many nations have been approaching Canada on how to work with the incoming Donald Trump administration in the United States.The Canada-U.S.-Mexico free trade agreement signed during the first Trump presidency is up for review in 2026, and the premiers of Ontario and Alberta say Canada should oust Mexico from the deal over not matching Canadian and American tariffs on imports like electric vehicles.

Zomato CEO Deepinder Goyal opened up about his saccharine sweet love story with wife Grecia Munoz, aka Gia. Like all desis, Goyal is a foodie at heart, and a popular food item played Cupid between the lovebirds — the evergreen chole bhature! During an interaction with the host, Kapil Sharma, Goyal shared how he first met his wife, Gia, through a mutual friend who introduced them. Their connection grew over their shared love for North Indian street food. Gia expressed her fondness for Indian cuisine, saying, «I love Indian food because of its variety.» When co-host Archana Puran Singh asked about her favorite dish, Gia enthusiastically replied, «Chhole Bhature.» Deepinder and Gia's love story has captivated many, and their passion for food played a key role in bringing them together. Deepinder revealed that the two bonded over their mutual enjoyment of this popular Indian snack. Known for its bold flavors and aromatic spices, Chhole Bhature quickly became a symbol of their connection.

Subscribe to enjoy similar stories. A PART OF Donald Trump’s political genius is being all things to all people—or at least to all his supporters. He has said so many contradictory things, throughout his public life and during the presidential campaign, that it is easy to latch on to the bits you like and either ignore those you don’t, or dismiss them as braggadocio.

India will likely retain the fastest-growing G20 economy tag, with the bigger G20 emerging economy China seen growing 4.7%. Overall, the G20 economies will expand 2.8% in 2024, slower than 3% in 2023, according to the Global Macro Outlook 2025-26 report released Friday. The relocation of supply chains, investment from multinational companies and Chinese domestic manufacturers seeking to diversify production are creating opportunities for India, Mexico and many Southeast Asian nations, per the report.

Mexico's president has lashed out at Moody’s ratings service after it downgraded the Mexican government’s debt outlook to “negative.”

Donald Trump to the White House could have significant implications for over 1,500 individuals charged with crimes related to the Jan. 6, 2021, Capitol riots. On the campaign trail, Trump frequently referred to those convicted as «political prisoners» and promised to pardon them if reelected. Now, with his victory, questions loom about whether these promises signal a shift in accountability for the events of that day.