Simply Economics, from Mexico

Tariff Turmoil: Mexico’s Economic Challenges and Leadership Changes in Peru

Dive into the economic implications of Trump's 25% tariffs on Mexican exports, as Standard and Poor's warns of a potential recession. Explore how these tariffs could reshape Mexico's economic landscape, affecting GDP, employment, and currency value. Meanwhile, in Peru, José Salardi takes the helm as the new Minister of Economy, promising a fresh approach to tackle fiscal challenges. This episode offers a comprehensive look at the economic shifts in Latin America, highlighting the intersection of trade policies and leadership changes.Sources:https://www.eluniversal.com.mx/cartera/aranceles-de-25-de-trump-llevarian-a-la-economia-mexicana-a-recesion-standard-and-poors-ve-tipo-de-cambio-en-2238-pesos/https://www.infobae.com/peru/2025/02/01/jose-salardi-juramento-como-nuevo-ministro-de-economia-reemplaza-a-jose-arista/Outline:(00:00:00) Introduction(00:00:40) Trump's 25% tariffs would push Mexican economy into recession: Standard and Poor's; sees exchange rate at 22.38 pesos(00:03:45) José Salardi sworn in as the new Minister of Economy: he replaces José Arista

Tariff Threats and Circular Economy: Mexico’s Economic Crossroads

Explore the potential impact of proposed U.S. tariffs on Mexico's economy, with HR Ratings warning of zero growth by 2025. Delve into the Mexican Federal Government's push for a circular economy to mitigate emissions and create new economic opportunities. This episode highlights the delicate balance of international trade relations and innovative environmental strategies, offering insights into Mexico's economic resilience and future growth.Sources:https://forbes.com.mx/aranceles-pueden-provocar-un-nulo-crecimiento-de-mexico-en-2025-hr-ratings/https://oem.com.mx/elsoldepuebla/mexico/impulsa-gobierno-federal-la-economia-circular-para-mitigar-emisiones-21450729Outline:(00:00:00) Introduction(00:00:38) Tariffs can cause a zero growth of Mexico in 2025: hr ratings(00:03:59) Federal Government promotes the circular economy to mitigate emissions - El Sol de Puebla | Local news, police, about Mexico, Puebla and El Mundo

Mexico’s Economic Outlook: Slowing Growth and Rising Female Workforce

HSBC forecasts a slowdown in Mexico's economy with a 1.3% growth in 2025, highlighting regional challenges and opportunities. Meanwhile, women's participation in the workforce reaches a historic 43.5%, marking significant progress and ongoing challenges in gender equity. This episode provides a comprehensive analysis of Mexico's economic trajectory and the evolving role of women in its labor market, offering insights into the country's strategic positioning within North America.Sources:https://forbes.com.mx/economia-mexicana-se-desacelerara-1-3-en-2025-preve-grupo-financiero/https://www.ejecentral.com.mx/nuestro-eje/mujeres-en-la-economia-mexicana-alcanzan-el-43-5-de-participacion-el-mas-alto-en-la-historiaOutline:(00:00:00) Introduction(00:00:39) Mexico's economy to slow 1.3% in 2025, financial group forecasts(00:03:53) Women in the Mexican economy: reach 43.5% participation, the highest in history

Aguascalientes’ Economic Boost: Strategic Collaborations and Future Prospects

Discover how Governor Tere Jiménez is spearheading economic growth in Aguascalientes through strategic partnerships with federal entities. This episode explores initiatives aimed at empowering local businesses, enhancing infrastructure, and attracting foreign investments. Additionally, we delve into Bank of America's forecast for Mexico's economy in 2025, examining the challenges of nearshoring and potential U.S. tariffs. Gain insights into the strategies shaping Mexico's economic resilience and future growth.Sources:https://24-horas.mx/estados/tere-jimenez-y-gobierno-federal-plantean-estrategias-de-fortalecimiento-a-la-economia-de-aguascalientes/https://www.infobae.com/mexico/2025/01/29/bank-of-america-ve-un-2025-complicado-para-la-economia-de-mexico-el-nearshoring-no-sera-suficiente/Outline:(00:00:00) Introduction(00:00:44) Tere Jiménez and Federal Government raise strategies for strengthening the economy of Aguascalientes(00:03:43) Bank of America sees a complicated 2025 for Mexico's economy; "Nearshoring" will not be enough

Mexico’s Export Boom and U.S. Trade Tensions

Explore Mexico's record-breaking $617 billion export achievement in 2024, highlighting its vital trade relationship with the U.S. amidst looming tariff threats from Donald Trump. Delve into the automotive sector's growth and the challenges posed by a trade deficit. Plus, Mexican Senator Toño Martín del Campo's proposal for a U.S.-Mexico agreement to tackle fentanyl trafficking and arms smuggling, emphasizing the intertwined futures of both nations' economies and security. A must-listen for those interested in the global economic landscape and international relations.Sources:https://elpais.com/mexico/economia/2025-01-27/las-exportaciones-de-mexico-crecen-un-41-y-alcanzan-un-record-de-mas-de-617000-millones-de-dolares-en-2024.htmlhttps://www.lja.mx/2025/01/migracion-seguridad-economia-desafios-entre-mexico-estados-unidos-tono-martin-del-campo/Outline:(00:00:00) Introduction(00:00:45) Las exportaciones de México crecen un 4,1% y alcanzan un récord de más de 617.000 millones de dólares en 2024(00:04:24) Migration, Security and Economics are the challenges between Mexico and the United States: Toño Martín del Campo

Mexico’s Monetary Shift: Banco de México’s Rate Cut Strategy

Explore Banco de México's potential move to increase the magnitude of interest rate cuts in 2025, a decision that could reshape the country's economic landscape amidst a complex inflationary environment. This episode delves into the implications for businesses, investors, and consumers, highlighting the balance between stimulating economic activity and controlling inflation. Plus, we analyze Deloitte's insights on advancing the USMCA review to alleviate economic pressures, offering a strategic perspective on Mexico's economic future.Sources:https://www.eleconomista.com.mx/economia/banco-mexico-elevara-magnitud-recorte-tasas-20250126-743674.htmlhttps://www.eleconomista.com.mx/empresas/adelantar-revision-t-mec-restaria-presion-mexico-deloitte-20250126-743697.htmlOutline:(00:00:00) Introduction(00:00:37) BANK OF MEXICO will raise magnitude of rate cuts(00:03:51) Advance review of the T-MEC would subtract pressure from Mexico: Deloitte

Sheinbaum’s Economic Strategy Amidst Global Uncertainty

Dive into Claudia Sheinbaum's bold initiatives to attract foreign investment in Mexico amidst the economic challenges posed by 'Hurricane Trump.' This episode explores how Mexico City is navigating international pressures to foster a resilient investment climate. Additionally, we examine Barcelona's housing market dynamics and the economic impact of its tourist rental sector, offering insights into urban economic policies and their socio-economic implications.Sources:https://elpais.com/mexico/economia/2025-01-26/plan-mexico-la-estrategia-de-sheinbaum-para-atraer-inversion-en-plena-incertidumbre-por-el-huracan-trump.htmlhttps://www.lavanguardia.com/economia/20250126/10315737/economia-local-apoya-pisos-turisticos-brl.htmlOutline:(00:00:00) Introduction(00:00:38) MEXICO PLAN: Sheinbaum's strategy to attract investment in full uncertainty for ‘Hurricane Trump’(00:04:05) The local economy supports tourist floors

Zacatecas’ Economic Leap: Infrastructure and Social Programs in Focus

Explore how Zacatecas, Mexico, is driving economic growth and social welfare through enhanced state and municipal collaboration. With a significant budget increase for 2025, the FAISMUN fund is set to transform infrastructure and living conditions across 58 municipalities. Discover the strategic initiatives aimed at reducing inequality and poverty, and how these efforts serve as a model for regional development. Plus, delve into the inauguration of the Mitla-Tehuantepec highway in Oaxaca, a testament to Mexico's Fourth Transformation policies, highlighting infrastructure's role in economic stability and social justice.Sources:https://www.zacatecas.gob.mx/fortalece-zacatecas-colaboracion-estatal-y-municipal-para-impulsar-la-economia-y-programas-sociales/https://oaxaca.eluniversal.com.mx/estatal/sheinbaum-inaugura-carretera-mitla-tehuantepec-en-oaxaca-economia-mexicana-esta-bien-graciasOutline:(00:00:00) Introduction(00:00:42) Strengthens Zacatecas state and municipal collaboration to boost the economy and social programs(00:03:55) Sheinbaum opens Mitla-Tehuantepec Road in Oaxaca; "Mexican economy is fine thanks to the 4T," he says

Tariff Tensions: Mexico’s GDP at Risk and Migrants’ Economic Power

Explore the potential impact of U.S. tariffs on Mexico's GDP as analyzed by Goldman Sachs, highlighting the economic uncertainty and defensive strategies Mexico might adopt. Additionally, delve into the significant contributions of Mexican and Latino communities to the U.S. economy, as emphasized by President Claudia Sheinbaum. This episode uncovers the intricate dynamics of international trade relations and the powerful economic role of migrants, offering a comprehensive view of the challenges and opportunities facing Mexico's economy.Sources:https://www.eleconomista.com.mx/economia/incertidumbre-aranceles-trump-restaran-2-puntos-pib-mexico-goldman-sachs-20250123-743346.htmlhttps://diarioportal.com/nacional/migrantes-aportan-36-billones-de-dolares-a-economia-de-eua-sheinbaumOutline:(00:00:00) Introduction(00:00:40) Uncertainty and tariffs of Trump, will subtract 2 points from Mexico's GDP: Goldman Sachs(00:03:10) Migrants contribute 3.6 billion dollars to US economy: Sheinbaum

Mexico’s Financial Relief: Banamex’s Surplus and IMF’s Global Warnings

Discover how Banamex's projected surplus from Banco de México could ease Mexico's public finances, potentially reducing the fiscal deficit. Meanwhile, the IMF warns of the impact of U.S. commercial policies on Mexico and the global economy. This episode delves into the intricate balance of fiscal policy, economic growth, and international trade dynamics, offering insights into the challenges and strategies shaping Mexico's economic future.Sources:https://www.eleconomista.com.mx/economia/remanente-banco-mexico-ayudara-aliviar-apretadas-finanzas-publicas-banamex-20250122-743234.htmlhttps://t21.com.mx/politica-comercial-de-estados-unidos-afectaria-a-economia-mexicana-y-mundial-fmi/Outline:(00:00:00) Introduction(00:00:38) Remaining of Banco de México will help relieve tight public finances: Banamex(00:03:28) United States commercial policy would affect Mexican and world economy: IMF