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Showing posts from April, 2025

New US tariff scheme gives Mexico’s auto industry ‘an additional comparative advantage,’ says Sheinbaum

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In a concession to automakers in the United States, U.S. President Donald Trump on Tuesday signed two executive orders to relax his auto tariffs, a move that President Claudia Sheinbaum said gives Mexico “an additional comparative advantage.” The modifications to the 25% tariffs on imported vehicles and auto parts came just over one month after Trump first announced them . The U.S. tariff on imported vehicles took effect on April 3, while the tariff on certain auto parts is set to take effect on May 3. @POTUS : “To keep my promise to the great state of Michigan, I terminated Joe Biden’s insane Electric Vehicle Mandate… I’ve just signed an Executive Order to give partial Tariff rebates to any company that assembles its cars right here in the USA.” pic.twitter.com/vGtdmfO7Rk — Rapid Response 47 (@RapidResponse47) April 29, 2025 The United States’ justification for the duties is that imports of automobiles and certain auto parts pose a threat to the national security of the U.S. ...

Mexico avoids technical recession with 0.2% GDP growth in Q1

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Mexico’s GDP grew 0.2% in the first quarter of 2025 compared to the final three months of last year, according to preliminary data from the national statistics agency INEGI. The modest growth allowed the Mexican economy to avoid a technical recession after it contracted 0.6% on a sequential basis in the final quarter of 2024 . Today’s Q1 GDP data: +0.4% Eurozone +0.3% Italy +0.2% Germany +0.2% Austria +0.1% France +0.2% Mexico -0.3% U.S. — Jeffrey Kleintop (@JeffreyKleintop) April 30, 2025 The quarter-over-quarter growth was above the 0% expansion forecast by analysts polled by Reuters and the 0.1% growth prediction of analysts surveyed by Bloomberg. Published on Wednesday, INEGI’s preliminary data also showed that the Mexican economy grew 0.6% annually in the first quarter in seasonally adjusted terms and 0.8% in non-seasonally adjusted terms. In a note to clients, Pantheon Macroeconomics chief Latin America economist Andres Abadía said that “the quarter-to-quarter g...

What to know about the recent needle attacks on Mexico City’s Metro

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A man accused of injecting a female passenger with a sedative on the Mexico City Metro was arrested and charged with assault this week after more than 20 victims reported similar attacks over the past two weeks. The suspect has been taken to the Reclusorio Sur prison, where he awaits arraignment. The arrest comes less than a week after the Mexico City government activated a rapid-response protocol to address complaints of recent “needle attacks” on the city’s mass transit system. Alerta en el transporte público de CDMX Se han reportado casos de mujeres atacadas con pinchazos que podrían contener sustancias químicas. Estos incidentes ocurren principalmente en el Metro, poniendo en riesgo la salud y seguridad de las usuarias. Aunque las… pic.twitter.com/jxusqHkLWa — MVStv (@MVStvOficial) April 28, 2025 Mayor Clara Brugada said the protocol provides immediate attention for victims, including toxicology tests, and that additional security cameras would be installed throughout t...

Nichupté bridge to connect Cancún with hotel zone by year’s end

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By late 2025, Cancún, Quintana Roo, is set to have a new bridge over the Nichupté Lagoon that will connect the resort city to the hotel zone.   The Nichupté Vehicular Bridge, an infrastructure project being developed by the Ministry of Infrastructure, Communications and Transportation (SICT), is expected to benefit 1.3 million residents in Cancún by reducing travel times — up to 45 minutes for daily commuters — once completed.  La magna obra del #PuenteNichupté avanza su construcción con tecnología “top down”. Un paso histórico en la modernización de nuestra infraestructura. ¡La transformación con justicia social y el desarrollo sustentable avanza en #QuintanaRoo ! #UnidosParaTransformar pic.twitter.com/xBm4S90LBu — Mara Lezama (@MaraLezama) April 27, 2025 During a site tour on Saturday with President Claudia Sheinbaum and Quintana Roo Governor Mara Lezama, head of SICT Jesús Antonio Esteva Medina said the bridge will be one of the longest bridges over a lago...

US adds Mexico to priority watch list of IP offenders

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Mexico has been named a priority offender on a U.S. government watch list of nations that don’t do enough to protect intellectual property rights. The Office of the United States Trade Representative (USTR) announced Tuesday that it regards its southern neighbor as among the worst offenders of intellectual property (IP) rights, moving Mexico from its Watch List to its Priority Watch List. Today, the Office of the United States Trade Representative released its 2025 Special 301 Report on the adequacy and effectiveness of U.S. trading partners’ protection and enforcement of intellectual property rights. https://t.co/wYD40gTMzd — United States Trade Representative (@USTradeRep) April 29, 2025 There are only seven other countries on the Priority Watch List: China, Chile, Argentina, India, Indonesia, Russia and Venezuela. Eighteen countries are on the Watch List. The USTR prepares these watch lists annually from analyses of more than 100 trading partners, scrutinizing deficiencies a...

What’s on in Guadalajara and around Lake Chapala in May?

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May is an exciting month in Guadalajara and its surrounding areas, with a wide array of events. From Jalisco’s May Cultural event, to food, wine and beer festivals and a homage to Star Wars, there’s plenty to choose from.  Grilling, music and beer at the Asado Fest View this post on Instagram A post shared by Asado Fest | Festival (@asadofestmexico) Barbeque lovers, this event is just for you! Bringing together some of the best grills in town , the Asado Fest will also feature a craft beer exhibition and tasting, a dedicated wine area, and a wide selection of barbeque ingredients and accessories. Expect live music performances, a children’s area and a pet-friendly space. Date: May 3 Location: Metro Fest at the Parque Metropolitano. Av. Ludwig Van Beethoven 58000, La Estancia, Zapopan Cost: 250 pesos (adults) and 80 pesos (children). Tickets here . Festival Cultural de Mayo View this post on Instagram ...

US, Canada issue security alert for Los Cabos and La Paz, BCS

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The governments of Canada and the United States have issued a security alert for travelers to Los Cabos (Cabo San Lucas and San José del Cabo) and La Paz following a series of violent incidents in the state of Baja California Sur. The alert comes after several reports of shootings and clashes between civilians and police throughout last week. Three passenger buses were also set on fire in Los Cabos on April 24.  Security Alert: Los Cabos and La Paz, Baja California Sur Location: Cabo San Lucas, San Jose del Cabo, and La Paz, BCS Link: https://t.co/6nxjnNTomG pic.twitter.com/lwqtgSZsE2 — U.S. Consulate Tijuana (@ConsuladoUSATJ) April 25, 2025 On April 22, separate attacks in the area surrounding Los Cabos claimed the lives of three high-ranking law enforcement officials, including two soldiers and the commander of the Narcotics Unit of the Baja California Sur Attorney General’s Office, Ulises Omar Cota Montaño. Both incidents are presumably related to the recent appe...

How to prepare for Tuesday’s earthquake alert drill 

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Mexico will conduct one of two annual earthquake alert drills on Tuesday morning to test its emergency response capabilities in central and southwestern Mexico. Authorities are encouraging everybody to participate. Alarms and wireless emergency alerts are set to activate at 11:30 a.m. Tuesday. The drill will be based on a hypothetical 8.1 magnitude earthquake centered just offshore in the Gulf of Tehuantepec. The simulation will activate the nearly 15,000 warning alarm speakers distributed throughout 11 states. (Crisanta Espinosa Aguilar/Cuartoscuro.com) President Claudia Sheinbaum called the drill “one of the most relevant prevention and civil protection exercises” that Mexico will stage this year. Emergency personnel and security agents will conduct inspections in their respective operational areas.  At the same time, Navy personnel will be conducting a tsunami response exercise along the Pacific coast. Laura Velázquez Alzúa, the coordinator of Mexico’s National Civil Pr...

Sheinbaum inaugurates work on CDMX-Querétaro train

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President Claudia Sheinbaum on Sunday formally inaugurated the Mexico City-Querétaro train project, a 226-km-long route connecting Mexico’s capital with a city and state that have experienced dynamic economic growth in recent years. At a ceremony 30 kilometers outside Querétaro city, Sheinbaum said construction will cost an estimated 167 billion pesos (US $8.5 billion). Upon announcing the project in October , authorities had estimated a cost of 75 billion pesos (US $3.75 billion). Cost estimates rose, project engineers said, after determining it will be necessary to build six tunnels, 14 elevated aqueducts, 28 underpasses and 52 overpasses. The Defense Ministry is charged with completing the project in two-and-a-half years. “My commitment is to complete the route before [Governor Mauricio Kuri’s] term ends,” Sheinbaum said. Kuri, a member of the opposition National Action Party, will be in office until Sept. 30, 2027. Sheinbaum expressed confidence in the military’s ability to m...