Mexico

Mexico's economy is slipping into recession, and according to JPMorgan analyst Steven Palacio, it's no longer a question of if, but how deep. "We now think a recession is unavoidable" due to weak economic momentum, declining private consumption, and sluggish manufacturing, Palacio warned. The bank...

The 2024 year may be one for Americans to forget with a divided nation thanks to a contentious presidential election cycle. That political divide may have weighed into the recent world country rankings, where the U.S. hit a new low. What Happened: While many investors may have been happy in 2024...

The latest forecast from the Organisation for Economic Co-operation and Development announced a particularly stark warning for North American economies. The institution's latest report warns that escalating tariffs combined with persistent inflation and policy uncertainty could drag Mexico into a...

Young Liu, the CEO of Apple Inc. (NASDAQ:AAPL) supplier Foxconn, also known as Hon Hai Technology, has publicly criticized President Donald Trump's tariff policy, warning it's creating chaos for tech giants like Apple and Amazon.com, Inc. (NASDAQ:AMZN). What Happened: During an earnings call on...

President Donald Trump's tariff plans for Mexico and Canada could have a dramatic impact on the automotive sector, with reports that vehicles could rise in price by up to $12,000 for consumers. Trump recently paused a tariff on the auto sector for Mexico and Canada, prompting Benzinga to ask...

The past week has been a whirlwind of economic and political news, with President Donald Trump’s tariff threats, Treasury Secretary Scott Bessent’s economic ‘detox’ remarks, and a federal judge’s block on Trump’s freeze of billions in congressional funds making...

Concerns over trade tariffs continue to rattle financial markets, fueling economic uncertainty and sparking heightened volatility across asset classes. President Donald Trump initially proposed a 25% tariff on imports from Mexico and Canada starting from Tuesday, but later excluded automobiles...

President Donald Trump's promise to place tariffs on Canada and Mexico could hurt automakers, including Tesla Inc (NASDAQ:TSLA). What Happened: On Thursday, Trump postponed plans to place tariffs on goods imported from Canada and Mexico until April. The one-month reprieve could see automotive...

The automotive sector could be among the sectors most affected by President Donald Trump‘s tariffs. Experts size up the potential cost increases and consumer impact. What Happened: Automobiles made in Mexico and Canada and auto parts imported to the U.S. are now subject to 25% tariffs under...

U.S. stocks plunged Tuesday as President Donald Trump‘s tariffs on key trade partners came into effect, prompting retaliatory measures and intensifying global trade tensions. The Dow Jones Industrial Average fell 1.8%, extending Monday’s sharp decline of nearly 650 points and heading...

President Donald Trump's tariffs on Mexico, Canada and China went into effect Tuesday. A top tech analyst examines how tariffs might affect technology stocks. The Analyst Takeaways: Wedbush analyst Daniel Ives said tariffs could create a "game of geopolitical poker," but he isn't panicking. "There...

In a bold move, Ontario Premier Doug Ford has warned of a potential cessation of electricity exports to the U.S. The announcement is a response to President Donald Trump’s planned 25 percent tariffs on Canadian goods, as cited by The Hill on Monday. What Happened: Ford made this declaration ...

Restaurant company Chipotle Mexican Grill (NYSE:CMG) could be negatively impacted by pending tariffs on Mexico, which could increase the cost of avocados and other food items. While companies will be faced with tough challenges of how to offset the increased prices and lower profits, Chipotle's CEO...

Risk assets tumbled as a wave of bearish sentiment gripped markets, with escalating trade tensions, disappointing earnings and signs of economic fragility weighing on investor confidence. President Donald Trump confirmed a 25% tariff on imports from Mexico and Canada, effective March 4, while also...

President Donald Trump's plan to place tariffs on Mexico and Canada and a higher tariff on China will take place on March 4, a move that could impact multiple sectors and cause worry for American consumers. What Happened: Trump's proposed tariffs on Canada and Mexico were paused on Feb. 3 for one...