Daily Mexico News Blog
Free Mexico News Daily in English
Daily Mexico News Blog
Free Mexico News Daily in English

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Economy

Mexico Slams U.S. Proposal to Impose 5% Tax on Migrant Remittances

President Claudia Sheinbaum and the Mexican Senate denounce a U.S. House proposal to levy a 5% tax on remittances sent by non-citizen migrants, calling it...
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Mexico Accelerates USMCA Review to Bolster Clarity for Investors and Consumers

Economy Minister Marcelo Ebrard announced that Mexico will initiate an early review of the USMCA in the second half of 2025 to reduce trade policy...
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Peso Strengthens as U.S. Inflation Moderates and Banxico Rate Cut Looms

The Mexican peso rallied against the dollar after U.S. April inflation data came in below expectations, while investors brace for Banxico’s likely 50-basis-point rate cut...
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The Home Depot to Invest US $61 Million in San Miguel de Allende Store Opening in 2026

Retail giant The Home Depot has announced a US $61 million investment to open a new store in San Miguel de Allende in 2026 as...
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Economists Forecast 50-Basis-Point Interest-Rate Cut by Bank of Mexico on May 15

A Reuters poll shows Banxico likely to slash its key rate to 8.5% amid easing inflation and sluggish Q1 growth, with a third straight 50bps...
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Mexico’s Inflation Rises to 3.93% in April, Prompting Anticipation of Further Interest Rate Cuts

Mexico’s annual inflation rate rose to 3.93% in April 2025, up from 3.8% in March, according to the National Institute of Statistics and Geography (INEGI)....
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Ford Raises Prices on Mexico-Built Vehicles Amid U.S. Tariffs

In a significant move reflecting the escalating trade tensions between the United States and Mexico, Ford Motor Company announced price increases on three of its...
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Mexico’s April Inflation Edges Up to 3.90% but Remains Within Banxico’s Target Range

On May 5, 2025, a Reuters poll of 16 economists projected Mexico’s headline annual consumer price index (CPI) inflation to tick up to 3.90 %...
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Mexico Unveils “Plan México” to Bolster Growth and Create 700,000 Jobs Annually

On May 5, 2025, President Claudia Sheinbaum’s administration formally launched “Plan México,” a sweeping stimulus package designed to revive a stalling economy and avert a...
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Unilever Commits $1.5 Billion Investment in Mexico to Expand Production and Create Jobs

British consumer goods giant Unilever has announced a substantial investment of $1.5 billion (30 billion Mexican pesos) in Mexico over the next three years, aiming...
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Mexico Plans to Reduce Workweek to 40 Hours by 2030

In a significant move aimed at improving labor conditions, Mexico’s government has unveiled plans to gradually reduce the standard workweek from 48 to 40 hours...
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Mexico’s Economy Grows 0.2% in Q1 2025, Avoiding Recession Amid Global Uncertainty

Mexico’s economy recorded a modest growth of 0.2% in the first quarter of 2025, surpassing analysts’ expectations and narrowly avoiding a technical recession. This growth...
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