Category Archives: Economy

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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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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