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The Latest Breaking News from Mexico

US–Mexico Trade Tensions Escalate As Mexican Peso Hits August 2022 Lows: Why Is Auto Industry Most At Risk?

US-Mexico trade tensions rise as Trump threatens tariffs. Mexican peso weakens, trade war could affect $800B annual trade between nations.

Benzinga

Trump Tariffs Would Hit US Car Buyers: 'Could Tank The Industry'

"I hope for the car buying public, nothing is as aggressive as advertised," one analyst said.

International Business Times

Trump's tariffs could impact gas prices, tequila, avocados, more

The Trump administration’s proposed tariffs on Canada, Mexico, and China could negatively impact your wallet.

The Street

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Nvidia, Intel Suppliers Rethink Mexico Operations Amid Trump's Tariff Threat

Trump's proposed tariffs on Mexico causing Nvidia and Intel suppliers to reassess manufacturing strategies, impacting stock performance and potential trade war risks.

Benzinga

Nissan's Situation Gets Dire: '12 Or 14 Months To Survive'

As 2024 starts drawing to a close, it's more clear than ever that the business-as-usual era of the traditional auto industry is over.

InsideEVs

Some Of The U.S.'s Favorite Foods and Beers Are At Risk of Soaring Prices As Tariff War With Mexico Looms

Avocados and strawberries, and beers like Corona and Modelo could see significant price increases should Trump make good on his promise of imposing a 25% tariff on Mexican exports

Latin Times

Welcome to Trump’s trade war – where no one wins because everyone just pays more for things

Tariffs raise prices much like the GST – and like the GST it hurts people on low and middle incomes the most

The Guardian - AU

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Trump's Tariff Plan Targets Imports: Electronics, Retail Stocks At Risk

President-elect Donald Trump has proposed implementing significant tariffs, including 25% on imports from Mexico and Canada, and an additional 10% on goods from China.

Benzinga

Trump's Team Signs Key Agreement With White House

Trump's team signs key agreements for transition, faces tariff threats on Mexico and Canada, impacting industries and border security strategies.

Top News

Looming Tariff War Could Jeopardize 140,000 Jobs in Border Region, Top Business Leader Says

Jerry Pacheco, CEO of the Border Industrial Association, issued a dire warning about the impact these measures could have

Latin Times

Jimmy Kimmel reveals Trump’s ‘dumb’ tariffs plan could hit MAGA fans where it hurts

Jimmy Kimmel joked that Trump followers should buy their MAGA merchandise ‘immediately’ to avoid extra costs trickling down from his tariffs

The Independent UK

What are tariffs and why is Trump levying them on Canada, Mexico and China?

Trump is now laying ground for a trade war with the country’s largest trading partners

The Guardian - US

Asian Markets Mixed As Traders Eye Fresh Trade Tensions

Asian markets were mixed Wednesday as traders tried to gauge the economic outlook after Donald Trump picked a tough-negotiating hawk as his trade envoy the day after saying he would hit China, Canada and Mexico with hefty tariffs.

International Business Times

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The Independent UK

US says a drug cartel is behind the longstanding problem of illegal fishing in the Gulf of Mexico

For years, U.S. authorities and fishermen have complained about illegal fishing for red snapper in the Gulf of Mexico, and now it's clear who is behind the lucrative trade: a Mexican drug cartel

The Texas Tribune

Donald Trump’s tariffs on Mexico could devastate border region, Texas economists warn

The president-elect said he intends to levy a 25% tariff on goods imported from Mexico and Canada until drugs and undocumented migrants stop crossing the border.

Benzinga

Back Up The Truck Buying Opportunities May Be Ahead, Record Bets On Bitcoin Drop

To gain an edge, this is what you need to know today.

Latin Times

U.S. Energy Lobbying Groups Say Trump's Proposed Tariffs Could Seriously Affect Consumers and the Industry

Canada, Mexico and the United States remain among the top four countries in oil production in the Americas alongside Brazil

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The Conversation

Trump’s proposed tariffs against Canada and Mexico may be illegal, but that’s not the real problem

The incoming Republican administration of Donald Trump has threatened to impose a 25 per cent tariff on all products from Canada and Mexico on the first day of his presidency — Jan. 20, 2025. Canada says it will continue to work with the United States on trade issues while Mexico…

InsideEVs

America Finally Got A Great, Cheap EV. Trump May Ruin It.

Americans have been clamoring for an affordable, long-range electric car for years. Elon Musk shelved plans for a $25,000 Tesla—one that isn't a moonshot robotaxi, at least. But General Motors finally made one in 2024.

Benzinga

Goldman Sachs Expects Major Selloffs In Canadian Dollar, Mexican Peso, Says Trump Tariffs Threaten USMCA Agreement

Trump's tariff proposal could have major economic consequences, including higher prices and exchange rates. Goldman Sachs predicts significant impact.

Barchart

Stocks Settle Higher on Positive Corporate News and Reduced Geopolitical Risks

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.57%. Stocks on Tuesday settled higher, with the S&P 500 and Dow Jones Industrials posting...

The Independent UK

Searches of ‘who pays for tariffs’ sees massive spike after Trump’s announcement

Trump announced he plans to slap tariffs on products made in Canada and Mexico in addition to his planned tariffs on Chinese goods

Top News

Trump's Tariff Threats Aim To Force Immigration And Trade Negotiations

President-elect Trump's plan to use tariffs as leverage in immigration and trade negotiations sparks concerns about economic impact.

InsideEVs

Trump's 25% Tariffs May Hit These EVs The Hardest

He said he was going to do it, and he did it.

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