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Category Archives: Economy
Canadian Prime Minister Carney Visits Mexico; How Much Trade Do Canada and Mexico Have Anyway?
Canada’s Prime Minister Mark Carney paid a visit to Mexico where he consulted with Mexican President Claudia Sheinbaum. As reported by the New York Times, “The leaders of Canada and Mexico, the United States’ two largest trading partners, met in … Continue reading
Posted in Economy, Foreign Policy
Tagged Canada, Claudia Sheinbaum, Donald Trump, Grupo Bimbo, Mark Carney, Mexico City, Palacio Nacional, Tariffs, The U.S.A., USMCA
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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
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
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
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
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
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
Posted in Economy, Foreign Policy, Immigration
Tagged Beer, Donald Trump, Grupo Modelo
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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
Posted in Economy, Immigration
Tagged El Salvador (Central American nation), Guatemala, Honduras, Nicaragua, Remittances, The U.S.A.
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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
Posted in Economy, Foreign Policy
Tagged Donald Trump, Ford Moter Company, Mexican Automotive Manufacturing, Tariffs, U.S.A.
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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
Posted in Economy
Tagged Chipotle Inc., Chipotle Pepper, Denver, Steve Ells, Taco Bell, The U.S.A.
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