Mexico lowers 2025 growth forecast on trade war fears

Mexico lowers 2025 growth forecast on trade war fears

MEXICO CITY, Mexico — Mexico’s government on Tuesday sharply lowered its economic growth forecast for 2025, citing uncertainty over American tariffs set to be imposed by Donald Trump. The US president is expected to reveal Wednesday the shape of sweeping tariffs against all countries that tax American imports — adding to his new levies on

The imposition of a 25% tariff on imports of vehicles assembled outside the United States announced by President Donald Trump will have a significant impact on the Mexican economy as it will result in reduced vehicle exports to that country, lower job creation and lower levels of investment. [...]