Category Archives: Economy

Remittances to Mexico Down Fourth Straight Month

For the fourth straight month, remittances sent from Mexicans in the U.S. to Mexico were down. Last month I reported that June remittances were down from the previous June. This month it was reported that July remittances were down from … Continue reading

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Mexico to Raise Tariffs on China

Reuters reports that Bloomberg reports that Mexico is set to raise tariffs on China. From Reuters: “Mexico’s government is set to raise tariffs on Chinese imports, including cars, textiles and plastics, as part of its 2026 budget proposal next month, … Continue reading

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Grupo Bimbo in Canada

I recently visited Canada. We stopped in a convenience store in Quebec, the French-speaking province. A snack item purchased there was this product called “Ah Caramel!”. I looked at the back side of the package and saw something interesting. Look … Continue reading

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Remittances to Mexico in Decline – May Be Related to U.S. Immigration Crackdown

Remittances, funds sent from Mexicans in the U.S. back to Mexico, are going down. In a previous article I reported that remittances in May 2025 were down 4.6% in comparison to May 2024, a year earlier. Now the figures are … Continue reading

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Trump Slaps 30% Tariffs on Mexico and the European Union

President Trump has announced 30% tariffs on Mexico and the European Union, scheduled to take effect on the 1st of August, 2025. From CBS: “President Trump on Saturday [July 12] announced he is levying 30% tariffs against Mexico and the … Continue reading

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Mexican Beer Sales in U.S. Down As a Result of Trump Policies?

U.S. sales of Mexican beers Corona, Modelo and Pacifico have recently dropped and this drop may result from Donald Trump’s policies. All 3 beer brands are made by Mexico’s Modelo group and distributed in the United States by Constellation. Modelo … Continue reading

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Remittances from the U.S. to Mexico

Remittances are funds sent by migrants to their home country. After India, Mexico is the second-largest recipient country of remittances in the world. Most of that money is sent by Mexicans in the United States. About 40% of it is … Continue reading

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Prices Going Up On Three Mexican-Manufactured Ford Vehicles

The effect of Trump’s tariffs on Mexican-made automobiles is soon to take effect on American consumers. . Ford Motor Company is raising prices for three Ford vehicles manufactured in Mexico. From Car and Driver: “Ford will raise prices on three … Continue reading

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Chipotle Incorporated Plans to Expand to Mexico

Chipotle Mexican Grill, Inc. is a restaurant chain deriving its name from “chipotle”, a smoke-dried jalapeno chili pepper. The corporation was founded by Steve Ells in 1993 in Denver, Colorado. It has done quite well, has several thousand restaurants and … Continue reading

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President Sheinbaum Attends CELAC Summit. What is CELAC and Why Did China Have a Delegation There?

In the midst of the ongoing Trump Tariffs situation, Mexican President Claudia Sheinbaum flew to Tegucigalpa, Honduras, for a meeting of CELAC. What is CELAC? CELAC is the “The Community of Latin American and Caribbean States”. The acronym CELAC is based … Continue reading

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