Mexico’s GDP Could Contract by 1.5% Due to Trump’s Tariffs

Puerto Vallarta, Mexico - The Mexican economy faces a potential contraction of up to 1.5% this year if the 25% tariffs recently imposed by U.S. President Donald Trump remain in place, according to a new analysis by BBVA. The financial institution highlighted that these tariffs, which target both final and intermediate goods, could significantly harm the country's investment climate and export performance.