Tag: tariff impact.

Hometariff impact.

By Esther Ososanya President Donald Trump’s steep new tariffs, some reaching 50%, hit U.S. trading partners with full force Thursday, triggering global fallout, defiant rhetoric, and scrambling negotiations from allies caught off guard. With duties now at their highest in a century, countries like Brazil, Switzerland, India, and Canada are reeling, while others race to …

By Esther Ososanya Mexico’s economy expanded by 0.7% in the second quarter of 2025 compared to the previous quarter, surpassing market expectations of 0.4%, according to preliminary data from the national statistics agency, INEGI. The better-than-expected performance was driven by a 0.8% increase in manufacturing and a 0.7% rise in services, which helped offset a …

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