Reported about 12 hours ago
Mexico's economic growth strategy faces a serious setback as manufacturers, who once flocked to the country for its proximity to the U.S. market, are now hesitant due to looming tariff threats from Donald Trump. The uncertainty of potential tariffs on Mexican goods, coupled with falling GDP growth estimates and an inherited fiscal deficit, casts doubt on President Claudia Sheinbaum's economic stability plan. While some companies are adjusting by offering incentives to retain clients amid fears of recession, the overall economic outlook remains grim, as efforts to attract foreign investment and boost exports falter under the weight of trade policy uncertainty.
Source: YAHOO