Mexico Financial News

Subscribe to enjoy similar stories. For Global companies, there is no place quite like America. As growth in China and Europe has slowed, its economy has continued expanding at a decent clip.

Cross-border travel is dropping sharply, as per surveys, which is impacting tourism revenue and triggering ad campaign adjustments.

Donald Trump tariffs have ignited growing fears of a slowdown in the US housing market in 2025, as economic recession fears spread across financial markets. With the US housing market already facing affordability concerns, analysts say further tariffs would further suppress market activity.

The S&P 500 down 6% since his inauguration as investors are withdrawing funds from the US and investing them in stocks abroad, reported New York Times.

Trump administration's tariffs on imported goods from Canada, Mexico and China — some already in place, others set to take effect in a few weeks — are already driving up the cost of building materials used in new residential construction and home remodeling projects. The tariffs are projected to raise the costs that go into building a single-family home in the US by USD 7,500 to USD 10,000, according to the National Association of Home Builders. Such costs are typically passed along to the homebuyer in the form of higher prices, which could hurt demand at a time when the US housing market remains in a slump and many builders are having to offer buyers costly incentives to drum up sales. We Buy Houses in San Francisco, which purchases foreclosed homes and then typically renovates and sells them, is increasing prices on its refurbished properties between 7 per cent and 12 per cent. That's even after saving USD 52,000 in costs by stockpiling 62 per cent more Canadian lumber than usual. «The uncertainty of how long these tariffs will continue has been the most challenging aspect of our planning,» said CEO Mamta Saini.

Donald Trump's tariffs on Mexico are not imposed, the threats and uncertainty caused by on and off-again levies have already cost the tequila sector money and could drive a temporary slowdown in sales, producers, investors and analysts told Reuters. The 25% tariffs, initially due to be applied from February and briefly in place on March 4 before being suspended on both occasions, threatened billions of dollars of imports from huge producers like Diageo and Becle alone. They prompted businesses and consumers to stockpile tequila, which can only be made in Mexico, freeze expansion plans and divert resources elsewhere. Some producers, restaurants and drinkers accumulated hefty tequila stock, sometimes of up to six months — a bet which will pay off if tariffs are imposed. But producers say this also has a cost, hurting the sector even if the tariffs are rolled back. «No matter what happens… a price has been paid,» said Mike Novy, chief executive officer of Calabasas Beverage Company, which operates the tequila brand founded by Kendall Jenner, 818 Tequila.

Donald Trump's approval rating has reached 47%, equaling his best-ever mark as president, according to the latest NBC News poll. However, a 51% majority still disapproves of his performance. Three months after he returned to the Oval Office, Trump hit the highest approval rating he's ever had as commander-in chief. More Americans say the country is on the right track than at any point since 2004, according to a new poll. That’s the good news, according to an NBC News Poll released Sunday. ALSO READ: 'Hell will rain down': Trump launches large-scale strikes on Yemen's Houthis, issues blistering war threat

TikTok in 30-second flashes. Migrants trek in camouflage through dry desert terrain. Dune buggies roar up to the United States-Mexico border barrier. Families with young children pass through gaps in the wall. Helicopters, planes, yachts, tunnels and jet skis stand by for potential customers. Laced with emojis, the videos posted by smugglers offer a simple promise: If you don't have a visa in the U.S., trust us. We'll get you over safely.

Subscribe to enjoy similar stories. Where is a Toyota Camry or iPhone made? There is a label that identifies the country in which the final product assembly takes place, but it says nothing about where the product is actually ‘made.’ It is unable to do so because for goods that have inputs (material or intellectual) that are traded across international borders, the answer is never a single country.

Mexico City offered more than music, food and booze. Amidst the usual festival fare, a booth provided free, anonymous drug testing. The initiative, known as «Checa tu Sustancia» (Check Your Substance), is one of several recent efforts by Mexican civil society to reduce risk among people taking drugs. Spearheaded by the Instituto RIA, a Mexico-based drug policy research and advocacy organization, it aims to address drug use from a public health and social justice perspective, rather than a security one. In a well-lit corner of the festival, members of the Instituto RIA used reagents and laboratory porcelain plates to test substances that some of the partygoers planned to use and recorded the data. Their analysis uses color changes to indicate what's in the drug: It can reveal the presence of adulterants but not their exact proportion. They also offered test strips that can detect the presence of fentanyl and nasal sprays of naloxone, a medication designed to rapidly reverse opioid overdose. Also available were informational flyers detailing the effects of various psychoactive substances and what to do to reduce the risks associated with using them, including simple but critical measures like staying hydrated and eating well.

From crates of contraband eggs being seized at checkpoints to fines being issued for unauthorized poultry products, eggs have suddenly become one of the hottest black-market items according to a report from The Wall Street Journal. In fact, since October, U.S. Customs and Border Protection (CBP) has recorded more than 3,700 seizures of bird and poultry-related products—a staggering number when compared to just 352 fentanyl seizures in the same period.

Claudia Sheinbaum, Mexico’s first female president, has unexpectedly caught the attention of U.S. President Donald Trump. Despite initial skepticism, Trump recently called her “tough” and praised her leadership, particularly on migration and fentanyl trafficking. But what exactly did Sheinbaum do to earn this recognition?

Subscribe to enjoy similar stories. Alcohol has landed on the front lines of a global trade war, throwing French wines, Irish whiskeys, Kentucky bourbon, Japanese beer and Mexican tequila into the crossfire between the U.S. and its biggest trading partners.

The premium carmaker expects its earnings margin for cars to be 5-7% in 2025, below an LSEG consensus estimate of 7.3%, dragged down one percentage point by the impact of tariffs already imposed by March 12.

Net profit for October-December for Apple's top iPhone assembler and Nvidia's AI server maker came in at T$46.33 billion ($1.41 billion), missing analysts' average forecast of T$54.4 billion, according to an LSEG consensus estimate of 15 analysts. Foxconn said in January its fourth-quarter revenue jumped 15.2% to a record for that quarter on strong sales of AI servers.

artificial intelligence servers. Net profit for October-December for Apple's top iPhone assembler and Nvidia's AI server maker likely came in at T$54.4 billion ($1.65 billion), according to an LSEG consensus estimate of 15 analysts, versus T$53.15 billion a year earlier. Foxconn said in January its fourth-quarter revenue jumped 15.2% to a record for that quarter on strong sales of AI servers.

U.S. President Donald Trump threw a curve ball at China by linking the fentanyl issue to his tariffs on imports

Eight of the top ten IT stocks have entered bear market territory, including Infosys, HCLTech, and Tech Mahindra. LTIMindtree experienced the most significant drop from peak levels, falling 33%, while Wipro, though performing relatively better, still saw a 16% decline.

Sustainable Development Goals (SDGs) by 2030, which include ending poverty and achieving gender equality, a study has found. However, when grouped according to geographical, cultural, and socioeconomic factors, different countries appear to be making progress on different goals, according to the findings published in the journal PLOS One. Researchers, including those from the National Autonomous University of Mexico, found that, for instance, African and Asian countries-which have the lowest Gross Domestic Product (GDP) — have made low progress on goals such as eradicating poverty, achieving gender equality, and ensuring good health and well-being. However, these countries have made the best progress on climate action and responsible consumption and production, the team said.

Gold prices edged higher on Thursday as uncertainty over tariffs persisted, driving safe-haven demand, while a cooler-than-expected U.S. inflation print also supported bullion by strengthening expectations of rate cuts.

tariffs on imports like cocoa and fruit, according to a letter seen by Reuters. PepsiCo, Conagra and J M Smucker, are requesting that Trump exempt ingredients not available from U.S. sources to protect manufacturers who otherwise buy from domestic farmers and suppliers, according to the letter, sent on Monday by a consumer products trade group representing the companies, the Consumer Brands Association. Coffee, oats, cocoa, spices, tropical fruit and tin mill steel, used for specialty food and household goods, are among the imports listed as unavailable domestically in the letter. «We believe targeted and carefully calibrated removal of these ingredients and inputs from tariffs is appropriate to best protect U.S. manufacturers and support (Trump's) efforts to lower consumer inflation,» the letter said. PepsiCo and Smucker, which have executives sitting on the executive committee of the Consumer Brands Association, did not immediately respond to requests for comment.