Mexico Financial News

U.S. President Donald Trump’s rather erratic approach to trade policy once left room for hope that maybe his tariff threats were just that — threats — but as the April 2 deadline nears a harsher outlook is setting in.

Canada could soon face a recession that would extend throughout the rest of the year as United States President Donald Trump’s tariff war upends economies and trade around the world, according to a new analysis by Desjardins Group.

Subscribe to enjoy similar stories. Attempts to build a global auto empire hark back to the 1910s and 1920s, when Henry Ford set up factories in Britain and Germany for the Model T, and General Motors responded by buying foreign carmakers. A century later, this ambition remains at risk of being run off the road.

Bob Iger has officially announced that a sequel to the 2017 animated masterpiece Coco is in the works. The revelation came during a shareholder meeting, where Iger assured fans that, while the project is still in its early stages, it will deliver the same magic as its predecessor. “While the film is just in the initial stages, we know it will be full of humour, heart, and adventure, and we can’t wait to share more soon,” Iger said. However, the release date remains uncertain. Pixar initially posted on social media that Coco 2 would hit cinemas in 2029, only to later remove the mention of a specific year. A Disney press release also omitted any timeframe, leaving fans to speculate when they can expect Miguel and his ancestors to return to the big screen.

Concacaf Nations League semi-finals will get underway on Thursday, March 20, with three-time reigning champion United States (USMNT) looking forward to its fourth consecutive final. The United States is pitted against Panama, while the other match will see Canada eying its first major trophy in nearly 25 years if at all it manages to overcome the challenge of Mexico.

Subscribe to enjoy similar stories. America’s prodigious wealth and power are founded on two pillars: universities and businesses. The first produces the ideas, research and training that have made the country a Mecca for the world’s best minds.

World Happiness Report 2025 is out. And, surprise, surprise—Mexico and Canada, the two countries frequently targeted by US President Donald Trump, have been ranked much higher than the United States in terms of happiness. According to the UN-backed report, the United States is ranked 24th, while Canada stands at 18th. Surprisingly, Mexico has an even better ranking at 10th place. Notably, this marks the worst ranking for the US since the report's inception in 2012, when it achieved its peak ranking of 11th place. One of the biggest reasons for the decline in American happiness, according to the report, is eating meals alone. «The number of people dining alone in the United States has increased by 53 percent over the past two decades,» the authors stated, highlighting that shared meals are strongly linked to well-being. Data from 2023 showed that approximately 25% of Americans consumed all their daily meals alone.

recession talk in the United States is growing louder with each passing day and this will be completely driven by President Trump's upending of tariff structures. A recent Reuters poll found that 95% of economists across Canada, the US and Mexico thought the risk of a recession in their respective countries had increased following Trump's tariff rollout. Going by his talk, the President is not going to relent anytime soon. In fact he is doubling down on his rhetoric to impose reciprocal and sectoral tariffs on various countries come April 2. India, this time, will be on the receiving end.

Trump last month ordered the US Commerce Department to investigate US imports of copper as a likely precursor to imposing duties. Since then, US prices have spiked and traders have scrambled to send metal to America ahead of any tariffs, in turn reducing supply in the rest of the world.

With the recent spike in egg prices, fueled by outbreaks of bird flu, restaurants now have another headache: beef prices are increasing, and they worry about how it will affect their menus, according to Daily Mail. Based on recent figures, prices for beef and veal have jumped 5.5% higher in January than they did in the same period last year, more than inflation in the rest of the American economy, Daily Mail reported.

Lionel Messi bid adieu to Barcelona. However, he might be having an unfinished business with the La Liga club, which is now eying to sign its greatest-ever player back to the side. Messi, 37, left Barcelona in 2021 on a free transfer as the financial situation at that time prevented the highly popular club from renewing the Argentina star's contract.

Canada’s economy may have ended 2024 on a high note, but that could all be undone as world trade is upended by Donald Trump’s tariff war, according to a new report by the Organization for Economic Co-operation and Development (OECD).

But his tariffs could have the opposite effect on the company's suppliers. Trump has imposed a few tariffs so far, but he says more are coming in just a few weeks. That threat has unnerved the aerospace industry, of which Boeing is one of the largest companies. Duties on aluminum and steel, two of the most important raw materials used in aircraft, are expected to raise manufacturing costs. But the industry is far more concerned by tariffs that take effect on goods from Canada and Mexico next month, which could disrupt the highly integrated North American supply chain. «These tariffs are particularly fraught for an industry like aerospace that has been duty-free for decades,» said Bruce Hirsh, a trade policy expert at Capitol Counsel, a lobbying firm in Washington, which has aerospace clients. «Parts are coming from everywhere.» Many companies have been able to avoid costly cross-border tariffs under a short-term reprieve for products covered by a North American trade agreement that Trump negotiated in his first term. But that deal expires in April.

Subscribe to enjoy similar stories. SYDNEY : Fitch Ratings has added its name to a slew of prominent forecasters downgrading the outlook for world economic growth and push up its expectations for U.S. inflation, highlighting rising concerns about the erratic nature of U.S.

Oil prices slid on Wednesday after Russia agreed to U.S. President Donald Trump's proposal that Moscow and Kyiv stop attacking each other's energy infrastructure temporarily, which could lead to more Russian oil entering global markets. Brent crude futures were down 12 cents, or 0.2%, at $70.44 a barrel by 0106 GMT. U.S. West Texas Intermediate crude (WTI) lost 15 cents, or 0.2%, to $66.75.

US economy, a new pattern is surfacing among Americans as they are falling behind on car payments at a record pace, as per a report. This could be a warning sign similar to the 2008 financial crisis, reported Daily Mail.

US Treasury Department's Financial Crimes Enforcement Network (FinCEN) will track cash transactions in some geographical regions in the United States to address illegal activities, as per a report.

Federal Reserve said in a statement. This was significantly above market expectations for a 0.2 percent rise, according to Briefing.com. President Donald Trump has embarked on a trade war since taking office, hitting top US trading partners like Canada, Mexico, and China, in a move that has unsettled the financial markets. Trade uncertainty has lingered for months, but it seems that tariff-sensitive sectors like autos have looked to produce more goods while they still face lower trade barriers. There was a steep rise in manufacturing output, which was «boosted by a jump of 8.5 percent in the index for motor vehicles and parts,» the Fed said.

Sunita Williams and Butch Wilmore are finally on their way back to Earth after spending nine months at the International Space Station (ISS). Their delayed return comes with both well-understood and still-uncertain health risks, making their journey home a significant event for space research.