Category Archives: Economy

The 100th Anniversary of the Banco de Mexico

Posted on December 16, 2025 by Allan Wall

In calendar year 2025 there are several Mexican historical anniversaries of note. One of course is the 700th anniversary of the city, founded as Tenochtitlan by the Aztecs in 1325. [See Mexico City’s 700th Anniversary and President Sheinbaum Commemorates the … Continue reading →

Posted in Economy, History | Tagged Banco de Mexico, Historical Anniversaries, Plutarco Elias Calles, Victoria Rodriguez Ceja | Leave a comment

Mexican Congress Votes to Slap Tariffs on China

Posted on December 11, 2025 by Allan Wall

Following a proposal of President Claudia Sheinbaum, both houses of the Mexican Congress have voted to put tariffs on China and other countries, mostly China. From Bloomberg: “Mexican lawmakers gave final approval for new tariffs on Asian imports, broadly aligning … Continue reading →

Posted in Economy, Foreign Policy | Tagged China, Claudia Sheinbaum, Congress, Donald Trump, Mario Vazquez, Tariffs | Leave a comment

Remittances to Mexico Down Seven Straight Months

Posted on December 3, 2025 by Allan Wall

For seven consecutive months, remittances to Mexico have decreased. Remittances are funds sent by people from Country A working in Country B. It’s sent back to families in Country A. Many countries have grown to depend on remittances. In the … Continue reading →

Posted in Economy, Immigration | Tagged Remittances, The United States | Leave a comment

Mexico Now the Biggest Importer from the United States

Posted on November 22, 2025 by Allan Wall

Mexico was already the largest exporter to the United States. Now it’s the largest importer from the United States. From Mexico News Daily: “In 2023, Mexico became the world’s top exporter of goods to the United States, surpassing China. Now … Continue reading →

Posted in Economy, Foreign Policy | Tagged Exports, Imports, The United States, U.S.-Mexican Trade | Leave a comment

Remittances to Mexico Down Six Straight Months

Posted on November 11, 2025 by Allan Wall

For six consecutive months, remittances to Mexico have decreased. Remittances are funds sent by people from Country A working in Country B. It’s sent back to families in Country A. Many countries have grown to depend on remittances. In the … Continue reading →

Posted in Economy, Immigration | Tagged Remittances | Leave a comment

Canadian Prime Minister Carney Visits Mexico; How Much Trade Do Canada and Mexico Have Anyway?

Posted on September 20, 2025 by Allan Wall

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 | Leave a comment

Remittances to Mexico Down Fourth Straight Month

Posted on September 12, 2025 by Allan Wall

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 →

Posted in Economy, Immigration | Tagged Banco de Mexico, Donald Trump, Remittances | Leave a comment

Mexico to Raise Tariffs on China

Posted on August 29, 2025 by Allan Wall

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 →

Posted in Economy, Foreign Policy | Tagged China, Tariffs | Leave a comment

Grupo Bimbo in Canada

Posted on August 21, 2025 by Allan Wall

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 →

Posted in Economy | Tagged Canada, Grupo Bimbo, Russia, The U.S.A, Ukraine | Leave a comment

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

Posted on August 16, 2025 by Allan Wall

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 →