MXPE Weekly Essentials
Where Mexico stands re:Trump tariffs now—and why it's promising news, an ill-advised oil ban, music censorship, and other highlights in Mexican politics, policy, and markets from the past week.
In the land of the blind, the one eyed economy is king.
The tariffs that looked disastrous to Mexico a few weeks ago are now a point of strength, argues Secretary of the Economy and chief negotiator with the Trump administrator Marcelo Ebrard.
According to US official statements, Mexico is subject to 10% baseline tariffs like all other countries with a trade surplus with the US, but the greater though more flexible rates around cars, steel, and aluminium imported make Mexico look comparatively more competitive.
