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Economy & Business - April 2025
MEXICO: Gov’t seeks to soften blow of US automotive tariffs
Mexico’s government led by President Claudia Sheinbaum is likely breathing a sigh of relief after securing exemption from US President Donald Trump’s global tariff onslaught on 2 April. However, deep concerns still surround its automotive sector due to separate duties that threaten one of the country’s main sources of foreign currency.
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