Puerto Vallarta News

Puerto Vallarta News

Mexico expects a recession if tariffs move forward

The Mexican economy will likely slip into recession this year if U.S. President Donald Trump follows through on a threat to impose tariffs on Mexican exports to the United States, a Reuters poll of market analysts showed on Wednesday.

Last week, Trump vowed to slap escalating tariffs of 5% from June 10 on all goods from Mexico if the latter does not stem a tide of migrants from Central America crossing the U.S. border.

Reuters polled 17 economists and financial market analysts on whether Latin America’s no. 2 economy faced recession, having already contracted in the first . . .

Read Full Story

Related Posts

PROFEPA halts Xcalacoco clearing over spider monkey corridor

PROFEPA halts Xcalacoco clearing over spider monkey corridor

PROFEPA stopped jungle clearing in Xcalacoco near Playa del Carmen after a complaint warned it...
US fugitive arrested in Playa del Carmen

US fugitive arrested in Playa del Carmen

Mexican federal agents detained Otmane Khalladi in Playa del Carmen, a U.S.-wanted suspect accused of...
Los Cabos and Oaxaca de Juárez become sister cities

Los Cabos and Oaxaca de Juárez become sister cities

Los Cabos and Oaxaca de Juárez sealed a sister-city pact to share tourism, culture and...
Playa Mujeres resort plan scrapped as officials step in

Playa Mujeres resort plan scrapped as officials step in

A proposed Playa Mujeres resort near Cancún was canceled after environmental authorities closed the review,...