Category Archives: Economy

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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Trump Tariff on Mexican Beer – Or Just the Beer in Cans?

One needs a scorecard to keep up with the Trump Tariffs. Mexico was exempt from the tariffs announced on “Day of Liberation”, April 2nd. However, that didn’t apply to the automotive tariffs which do affect Mexico. On March 12th, Trump … Continue reading

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Trump Slaps Tariffs on the World; Canada and Mexico Exempt from this Round (but not the Automotive Tariffs Set for April 3rd)

On April 2nd, 2025, U.S. President Donald Trump announced the U.S. was applying tariffs on the world. Trump called it “Liberation Day”. Trump explained the tariffs with the help of a chart: First, a baseline of 10% tariff is being … Continue reading

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How Will Trump’s Automotive Tariffs Affect Mexico?

How will Trump’s automotive tariffs affect Mexico? The Mexican business website Opportimes ran an analysis entitled Pros and cons of U.S. automotive tariffs on Mexico. By “pros and cons” Opportimes means pros and cons from the Mexican point of view. … Continue reading

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Trump Slaps Tariffs on Steel and Aluminum; Tariff Threats Have Boosted Claudia Sheinbaum’s Popularity

On March 6th, President Trump called off tariffs on Canada and Mexico. But on March 12th, Trump slapped tariffs on imports of steel and aluminum, including Canada and Mexico. From Mexico News Daily : “Mexico “got a concession on tariffs … Continue reading

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Trump Calls Off Tariffs on Mexico and Canada

On March 4th, 2025, President Donald Trump of the U.S. slapped tariffs on Mexico, Canada and China. Two days later, Trump removed the tariffs on goods not covered by the USMCA pact, at least for a month, from Mexico and … Continue reading

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Trump Slaps Tariffs on Mexico, Canada and China; Lutnick’s Comment

On March 4th, 2025, President Trump of the U.S.A. slapped tariffs on Mexico, Canada and China. From the Wall Street Journal: “President Trump’s 25% tariffs on goods from Mexico and Canada took effect first thing Tuesday [March 4]. Canada responded … Continue reading

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Mexican Relations with Ukraine and Russia

The tragic war between Russia and Ukraine continues. What involvement does Mexico have with these two countries and the war? On March 2nd, 2022, in the United Nations, 141 nations, including Mexico, voted to condemn Russia’s invasion of Ukraine. Only … Continue reading

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China’s Economic Ties with Latin America (Including Mexico)

In recent years Chinese economic ties in Latin American countries have increased greatly. Brenda Estefan is a writer for Mexico’s Reforma newspaper and also a professor at IPADE Business School in Mexico City. (IPADE, Instituto Panamericano de Alta Dirección de … Continue reading

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Cabinet Profile: Marcelo Ebrard, Secretary of the Economy

Marcelo Ebrard serves as Secretary of the Economy (Secretario de Economía) in the cabinet of President Claudia Sheinbaum. The official title of the department in Spanish is the Secretaría de Economía (SE), the Secretariat of the Economy. The person heading … Continue reading

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