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How tariffs and judicial overhaul are cooling Mexico’s economy
12 Articles
12 Articles
Syracuse NY
How tariffs and judicial overhaul are cooling Mexico’s economy
By Eduardo García, Alfredo Corchado & Alyda Muela | Edited by Dudley AlthausEL PASO, Texas — A growing wave of uncertainty is freezing investment plans in Mexico, the United States’ largest trading partner, rattling domestic and foreign business leaders alike.
Mexico. Mexico has shown resilience to the new trade policy of the United States, but the uncertainty surrounding its surprising application poses constant risks to investment and domestic consumption, according to experts consulted. The International Monetary Fund (IMF) surprised in July in updating its prospects for the world economy by improving its economic forecast for Mexico towards a growth of 0.2 percent in 2025, compared to a contractio…
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