Simply Economics, from Mexico

Mexico’s Economic Plan and San Francisco’s A.I. Boom

In today's episode, we explore Mexican President Claudia Sheinbaum's 'Plan Mexico' aimed at boosting the nation's economy, alongside U.S. President Donald Trump's decision to delay tariffs on Mexican goods. We also delve into San Francisco's resurgence as a hub for artificial intelligence innovation, driven by significant venture funding and the return of tech talent. Additionally, we discuss the alarming rise in sophisticated cyberattacks targeting critical infrastructure and the measures being taken to counter these threats.Sources:https://businesslawtoday.org/month-in-brief/february-in-brief-international-business-law-2025/https://www.atlanticcouncil.org/content-series/freedom-and-prosperity-around-the-world/mexicos-fork-in-the-road-rule-of-law-or-authoritarian-shift/https://mexicobusiness.news/policyandeconomy/news/tariff-extension-mexicos-self-sufficiencyhttps://www.brookings.edu/articles/plan-mexico-building-a-solid-and-competitive-north-america/https://www.perezllorca.com/en-mx/news/legal-briefing/recent-developments-in-u-s-tariff-policy-and-mexicos-strategic-opportunities/https://www.ainvest.com/news/sheinbaum-sees-mexico-avoiding-reciprocal-tariffs-2503-33/https://www.wilsoncenter.org/article/we-have-deal-us-mexico-trade-negotiations-reach-breakthroughhttps://www.citigroup.com/global/insights/citi-mexico-expectations-survey-march-5-2025https://www.policyalternatives.ca/news-research/canada-should-learn-from-plan-mexico-to-respond-to-trump/https://www.imf.org/en/Countries/MEXhttps://accesspartnership.com/impact-us-tariffs-mexicos-telecom-industry/https://mexicobusiness.news/finance/news/mexicos-2025-growth-forecast-cut-089-lowest-yearhttps://www.dallasfed.org/research/swe/2025/swe2502https://mexicobusiness.news/policyandeconomy/news/impact-mexico-plan-health-sector-projectshttps://www.riotimesonline.com/mexico-faces-economic-slowdown-with-growth-at-0-8-and-inflation-at-3-75-in-2025/https://www.latintimes.com/mexico-biggest-bank-banamex-predicts-zero-growth-recession-trump-tariff-threats-labeled-major-risk-577926https://www.spglobal.com/ratings/en/research/articles/250304-sovereign-debt-2025-commercial-debt-will-reach-a-new-record-high-of-77-trillion-13427943https://www.ubs.com/us/en/wealth-management/insights/investment-research/potus-47/articles/quick-takes-on-the-second-trump-administration.htmlhttps://www.globaldata.com/media/business-fundamentals/trumps-policies-hinder-economic-growth-prospects-mexico-foresees-globaldata/https://www.bworldonline.com/world/2025/03/09/658155/recession-risks-rising-for-all-three-north-american-economies-over-us-tariff-chaos/https://privatebank.jpmorgan.com/apac/en/insights/markets-and-investing/tmt/navigating-rate-risks-how-bonds-are-better-positioned-in-2025https://www.raymondjames.com/sanantonionorth-branch/commentary-and-insights/2025/03/07/despite-recent-volatility-we-maintain-our-constructive-outlookhttps://www.atlanticcouncil.org/content-series/freedom-and-prosperity-around-the-world/mexicos-fork-in-the-road-rule-of-law-or-authoritarian-shift/https://www.fxstreet.com/news/recession-risks-rise-for-us-canada-and-mexico-reuters-202503071553https://disclosure.spglobal.com/ratings/en/regulatory/org-details/sectorCode/SOV/entityId/118855https://www.spglobal.com/ratings/en/research/articles/200204-coronavirus-impact-key-takeaways-from-our-articles-11337257https://www.project-syndicate.org/commentary/trump-mexico-tariffs-both-sides-lose-by-anne-o-krueger-2025-03https://www.fitchratings.com/research/infrastructure-project-finance/fitch-upgrades-paita-to-bbb-outlook-stable-03-03-2025https://www.gramercy.com/2025/03/em-weekly-a-qualitative-and-quantitative-emerging-markets-review-march-8-2025/https://www.brookings.edu/articles/plan-mexico-building-a-solid-and-competitive-north-america/https://www.moodys.com/researchandratings/region/latin-america-caribbean/mexico/04201Bhttps://www.invesco.com/us/en/insights/2025-annual-investment-outlook.htmlhttps://www.fitchratings.com/research/corporate-finance/us-tariffs-exacerbate-macro-concerns-for-mexican-corporates-05-03-2025https://www.mandg.com/dam/investments/common/us/en/documents/funds-literature/fixed-income-asset-class-overview-march-latam-uso.pdfhttps://www.dallasfed.org/research/swe/2025/swe2502https://www.whitecase.com/insight-alert/us-tariffs-canada-and-mexico-enter-effect-tariff-china-rises-10-20https://www.globaltradeandsanctionslaw.com/u-s-tariffs-on-mexico-and-canada-take-effect-increased-tariff-rate-on-china-imposed/https://www.gtlaw.com/en/insights/2025/3/tariffs-update-imposed-paused-changed-and-reciprocal-tariffs-involving-the-us-canada-china-and-mexico-as-of-march-7https://www.paulhastings.com/insights/client-alerts/maybe-probably-now-sort-of-new-tariffs-enter-into-force-on-canada-mexico-and-chinahttps://www.prodensa.com/insights/blog/mexico-china-trade-agreements-what-you-need-to-know?hsLang=enhttps://www.hklaw.com/en/insights/publications/2025/03/us-implements-threatened-tariffs-on-canada-mexico-and-chinahttps://budgetlab.yale.edu/research/fiscal-economic-and-distributional-effects-20-tariffs-china-and-25-tariffs-canada-and-mexicohttps://abcnews.go.com/Business/timeline-trump-tariffs-canada-mexico-china/story?id=119506883https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-proceeds-with-tariffs-on-imports-from-canada-and-mexico/https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-adjusts-tariffs-on-canada-and-mexico-to-minimize-disruption-to-the-automotive-industry/https://www.northcom.mil/BorderSecurity/https://www.hklaw.com/en/insights/publications/2025/03/imposition-of-tariffs-by-the-united-states-on-the-importationhttps://www.wsws.org/en/articles/2025/03/03/lnfn-m03.htmlhttps://www.thompsonhinesmartrade.com/2025/03/tariffs-against-canada-and-mexico-enter-into-force-march-4-2025/https://www.dvidshub.net/unit/DoDSWB25https://www.army.mil/article/283523/securing_the_homelandhttps://www.cbsnews.com/news/us-mexico-border-migrants-trump-crackdown/https://www.defense.gov/News/Tag/296974/border-support/https://www.legion.org/information-center/news/security/2025/march/five-things-to-know-march-3-2025https://www.axios.com/2025/03/04/illegal-border-crossings-february-decline-trumphttps://www.defense.gov/News/Stories/Tag/296974/border-support/https://www.cbsnews.com/news/illegal-crossings-plunge-to-levels-not-seen-in-decades-amid-trump-crackdown/https://www.federalregister.gov/documents/2025/03/06/2025-03665/notice-of-implementation-of-additional-duties-on-products-of-mexico-pursuant-to-the-presidentshttps://www.globaldata.com/media/business-fundamentals/trumps-policies-hinder-economic-growth-prospects-mexico-foresees-globaldata/https://www.atlanticcouncil.org/content-series/freedom-and-prosperity-around-the-world/mexicos-fork-in-the-road-rule-of-law-or-authoritarian-shift/https://www.capitaleconomics.com/publications/latin-america-economics-update/trumps-tariffs-and-implications-mexicohttps://globaltaxnews.ey.com/news/2025-0627-report-on-recent-us-international-tax-developments-7-march-2025https://budgetlab.yale.edu/research/fiscal-economic-and-distributional-effects-20-tariffs-china-and-25-tariffs-canada-and-mexicohttps://taxpolicycenter.org/mexico-and-canada-receive-another-one-month-tariff-reprievehttps://energynews.pro/en/pemex-cuts-spending-to-save-more-than-usd-1-35-billion/https://energynews.pro/en/pemex-records-a-net-loss-of-30-3bn-in-2024/https://pulsenewsmexico.com/2025/03/05/deer-park-refinery-faces-first-annual-loss-under-pemex/https://www.climatechangenews.com/2025/03/03/oil-giant-pemex-struggles-to-control-methane-emissions-threatening-mexicos-net-zero-goal/https://www.spglobal.com/commodity-insights/en/news-research/latest-news/chemicals/030625-feedstock-supply-and-past-experiences-challenge-pemexs-petrochemical-aspirationshttps://naturalgasintel.com/news/pemex-natural-gas-production-sinks-as-dependency-on-us-supply-intensifies/https://mexicobusiness.news/oilandgas/news/mexico-enhance-oversight-fuel-supply-chainhttps://mex.news.o-abroad.com/~/economy/147159-en-pemex-faces-declining-oil-production-amid-price-tariffs.htmlhttps://www.riotimesonline.com/mexico-faces-economic-slowdown-with-growth-at-0-8-and-inflation-at-3-75-in-2025/https://www.riotimesonline.com/foreign-investment-in-mexicos-tourism-sector-surges-to-2-87-billion-in-2024/https://www.latintimes.com/mexico-biggest-bank-banamex-predicts-zero-growth-recession-trump-tariff-threats-labeled-major-risk-577926https://www.dallasfed.org/research/swe/2025/swe2502https://mexiconewsdaily.com/travel/foreign-investment-mexico-tourism-sector-doubled-2019/https://www.atlanticcouncil.org/content-series/freedom-and-prosperity-around-the-world/mexicos-fork-in-the-road-rule-of-law-or-authoritarian-shift/https://www.worldbank.org/en/news/video/2025/03/07/shifting-shores-foreign-direct-investment-fdi-relocations-political-risk-expert-answershttps://www.margin.mx/p/monday-on-the-margin-7d6?action=sharehttps://substack.com/home/post/p-158067989https://www.dlapiper.com/en-us/insights/publications/2025/03/president-trump-implements-tariffs-on-goods-imported-from-mexico-canada-chinahttps://www.jw.com/news/insights-update-reverse-import-tariffs-mexico-canada/https://www.hklaw.com/en/insights/publications/2025/03/us-implements-threatened-tariffs-on-canada-mexico-and-chinahttps://www.cbp.gov/newsroom/announcements/official-cbp-statement-tariffshttps://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-adjusts-tariffs-on-canada-and-mexico-to-minimize-disruption-to-the-automotive-industry/https://abcnews.go.com/Business/timeline-trump-tariffs-canada-mexico-china/story?id=119506883https://abcnews.go.com/Politics/trump-canada-mexico-tariffs-stop-bleeding-us-economy/story?id=119591822https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-proceeds-with-tariffs-on-imports-from-canada-and-mexico/https://fortune.com/2025/03/06/canada-provinces-jack-daniels-tariff-liquor-control-board-ontario-mexico-brown-forman-sales/https://www.dlapiper.com/en-us/insights/publications/2025/03/president-trump-implements-tariffs-on-goods-imported-from-mexico-canada-chinahttps://abcnews.go.com/US/wireStory/mexico-impose-retaliatory-tariffs-us-goods-119424834https://www.hklaw.com/en/insights/publications/2025/03/us-implements-threatened-tariffs-on-canada-mexico-and-chinahttps://www.globaltradeandsanctionslaw.com/u-s-tariffs-on-mexico-and-canada-take-effect-increased-tariff-rate-on-china-imposed/https://www.dentons.com/en/insights/alerts/2025/february/3/us-hits-canada-mexico-and-china-with-significant-new-tariffs-retaliation-already-underwayhttps://www.dlapiper.com/en-us/insights/publications/2025/03/president-trump-implements-tariffs-on-goods-imported-from-mexico-canada-chinahttps://www.dlapiper.com/en-us/insights/publications/2025/03/president-trump-implements-tariffs-on-goods-imported-from-mexico-canada-chinahttps://www.hklaw.com/en/insights/publications/2025/03/us-implements-threatened-tariffs-on-canada-mexico-and-chinahttps://www.globaltradeandsanctionslaw.com/u-s-tariffs-on-mexico-and-canada-take-effect-increased-tariff-rate-on-china-imposed/

Mexico’s Economic Struggles Deepen Amid U.S. Tariff Tensions

Explore the latest on Mexico's economic slowdown as GDP growth plummets and the U.S. imposes hefty tariffs on Mexican imports. Discover the potential repercussions for both nations and the weakening Mexican peso's impact on the economy. Join us for an in-depth analysis of the challenges ahead for Mexico in 2025.Sources:https://www.riotimesonline.com/mexico-faces-economic-slowdown-with-growth-at-0-8-and-inflation-at-3-75-in-2025/https://www.dallasfed.org/research/update/mex/2025/2501https://www.riotimesonline.com/mexican-private-consumption-falls-for-the-first-time-since-the-pandemic/https://www.capitaleconomics.com/publications/latin-america-economics-update/trumps-tariffs-and-implications-mexicohttps://www.globaldata.com/media/business-fundamentals/trumps-policies-hinder-economic-growth-prospects-mexico-foresees-globaldata/https://economic-research.bnpparibas.com/html/en-US/updated-economic-scenario-forecasts-Economic-Research-3-March-2025-3/3/2025,51187https://www.opb.org/article/2025/03/04/mexico-says-it-will-impose-retaliatory-tariffs-on-us-with-details-coming-sunday/https://www.scotiabank.com/ca/en/about/economics/economics-publications/post.daily-publications.latam-daily.latam-daily.2025-issues.-march-6-2025-.htmlhttps://www.dallasfed.org/research/swe/2025/swe2502https://www.pantheonmacro.com/documents/latin-america-documents/i/7-march-2025-latam-monitor/https://www.project-syndicate.org/commentary/trump-mexico-tariffs-both-sides-lose-by-anne-o-krueger-2025-03https://www.marinerwealthadvisors.com/insights/economic-outlook-update-three-yards-and-a-cloud-of-dust/https://www.thestreet.com/economy/the-economy-could-experience-a-short-term-growth-scarehttps://www.imf.org/en/Countries/MEXhttps://www.visualcapitalist.com/ranked-the-worlds-top-20-economies-by-gdp-growth-2015-2025/https://www.whitecase.com/insight-alert/us-tariffs-canada-and-mexico-enter-effect-tariff-china-rises-10-20https://budgetlab.yale.edu/research/fiscal-economic-and-distributional-effects-20-tariffs-china-and-25-tariffs-canada-and-mexicohttps://thoughtleadership.rbc.com/what-is-the-impact-of-tariffs-on-the-us-economy/https://www.dentons.com/en/insights/alerts/2025/march/4/united-states-imposes-new-tariffs-on-canadahttps://www.gtlaw.com/en/insights/2025/3/tariffs-update-imposed-paused-changed-and-reciprocal-tariffs-involving-the-us-canada-china-and-mexico-as-of-march-7https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-adjusts-tariffs-on-canada-and-mexico-to-minimize-disruption-to-the-automotive-industry/https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-proceeds-with-tariffs-on-imports-from-canada-and-mexico/

Chiapas Faces Economic Ripples from U.S. Tariffs

Explore how new U.S. tariffs on steel and aluminum are impacting Chiapas' economy, raising production costs and affecting local industries. Meanwhile, Mexican governors unite against these tariffs, emphasizing the potential negative effects on North American trade. This episode delves into the interconnectedness of global trade policies and local economies, highlighting the resilience and strategies of Chiapas businesses amidst international economic shifts.Sources:https://oem.com.mx/elheraldodechiapas/local/empresarios-de-chiapas-alertan-sobre-el-impacto-de-aranceles-en-la-economia-21987463https://www.eluniversal.com.mx/nacion/gobernadores-de-la-conago-cierran-filas-con-sheinbaum-aumento-arancelario-impactara-negativamente-economia-de-ambos-paises-senalan/Outline:(00:00:00) Introduction(00:00:41) Chiapas entrepreneurs alert the impact of tariffs on the economy - El Heraldo de Chiapas | Local news, police, about Mexico, Chiapas and El Mundo(00:03:42) Gobernadores de la Conago cierran filas con Sheinbaum; aumento arancelario impactará negativamente economía de ambos países, señalan

Tariff Tensions: Mexico’s Economic Struggles and Gender Equality’s Promise

Explore the impact of U.S. tariffs on Mexico's economy, pushing it towards a potential recession. Delve into the broader implications for international trade and economic strategies in Latin America. Additionally, discover how increasing female labor participation could significantly boost Mexico's GDP, highlighting the intersection of gender equality and economic growth. This episode offers insights into the challenges and opportunities facing Mexico's economic future.Sources:https://elpais.com/mexico/economia/2025-03-04/debilidad-en-la-inversion-caida-del-consumo-y-una-posible-recesion-los-efectos-de-los-aranceles-de-trump-en-mexico.htmlhttps://www.eleconomista.com.mx/economia/pib-mexico-creceria-6-9-billones-pesos-incorporan-mujeres-mercado-laboral-imco-20250303-748703.htmlOutline:(00:00:00) Introduction(00:00:42) The effects of Trump tariffs in Mexico: investment weakness, falling consumption and a bud recession(00:04:25) El PIB de México crecería en 6.9 billones de pesos si se incorporan más mujeres al mercado laboral: IMCO

Mexico’s Economic Strain: Tariff Threats and Recession Risks

As Mexico faces the looming threat of a 25% tariff from the U.S., the economy shows signs of strain with a significant drop in foreign direct investment and industrial output. The International Institute of Finance has downgraded Mexico's growth forecast to 0.8%, warning of a potential recession. This episode explores the economic challenges and geopolitical tensions impacting Mexico, and the government's strategies to navigate these turbulent times. Gain insights into the broader implications for U.S.-Mexico trade relations and the potential long-term impacts on Mexico's economic landscape.Sources:https://elpais.com/mexico/2025-03-03/menor-inversion-y-actividad-industrial-la-economia-mexicana-muestra-focos-de-alerta-ante-el-muro-arancelario-de-trump.htmlhttps://www.eleconomista.com.mx/economia/iif-reduce-pronostico-pib-mexico-0-8-ve-riesgo-recesion-20250302-748657.htmlOutline:(00:00:00) Introduction(00:00:41) Lower investment and industrial activity: the Mexican economy shows alert spotlights before Trump's ‘tariff wall’(00:04:07) IIF reduces GDP prognosis to Mexico to 0.8%; View recession risk

Nuevo León’s Local Sourcing Strategy and China’s Economic Priorities

Discover how Nuevo León is countering tariff threats with the 'Hecho en Nuevo León' initiative, promoting local sourcing to strengthen its economy. Meanwhile, China's Communist Party sets its sights on economic stabilization and risk prevention by 2025 amidst global trade tensions. This episode explores strategic economic maneuvers in Mexico and China, offering insights into local resilience and global economic shifts.Sources:https://www.eleconomista.com.mx/estados/contrarrestar-efectos-aranceles-gobierno-estatal-refuerza-hecho-nuevo-leon-20250227-748332.htmlhttps://www.infobae.com/espana/agencias/2025/02/28/el-partido-comunista-chino-priorizara-estabilizar-la-economia-y-prevenir-riesgos-en-2025/Outline:(00:00:00) Introduction(00:00:40) Para contrarrestar los efectos de aranceles, el gobierno estatal refuerza "Hecho en Nuevo León"(00:04:03) El Partido Comunista chino priorizará estabilizar la economía y "prevenir riesgos" en 2025

Spain’s Inflation Surge and Mexico’s Investment Resilience

Explore Spain's unexpected inflation rise to 3% in February, driven by energy prices and fiscal changes, and its implications for economic stability. Meanwhile, Mexico continues to attract foreign investment despite U.S. tariff threats, showcasing its economic resilience. This episode delves into the intricate dynamics of inflation, energy dependency, and international trade relations, offering insights into the economic landscapes of Spain and Mexico.Sources:https://elpais.com/economia/2025-02-27/la-inflacion-avanza-otra-decima-en-febrero-hasta-el-3.htmlhttps://www.milenio.com/negocios/economia-mexico-solida-inversion-pese-arancelesOutline:(00:00:00) Introduction(00:00:37) Inflation progresses another tenth in February, up to 3%(00:03:36) Economía de México es sólida y sigue inversión pese a aranceles

Mexico’s Diplomatic Push and Cultural Economic Empowerment

As the deadline for U.S. tariffs on Mexican imports approaches, Mexico's Secretary of Economy, Marcelo Ebrard, intensifies negotiations in Washington to avert a potential economic crisis. Meanwhile, the first artisan expo in Cuautla highlights the economic empowerment of indigenous and Afro-Mexican artisans, showcasing cultural heritage and driving local economic growth. This episode explores the intersection of diplomacy, trade, and cultural economics, offering insights into Mexico's strategic maneuvers on the global stage and grassroots economic initiatives.Sources:https://elpais.com/mexico/economia/2025-02-25/ebrard-acelera-el-paso-con-washington-a-dias-de-que-venza-el-plazo-arancelario-de-trump.htmlhttps://oem.com.mx/elsoldecuautla/finanzas/primera-expo-artesanal-en-cuautla-impulso-a-la-economia-de-artesanos-indigenas-y-afromexicanos-21858214Outline:(00:00:00) Introduction(00:00:40) Ebrard acelera el paso con Washington a días de que venza el plazo arancelario de Trump(00:03:51) First artisanal expo in Cuautla: impulse to the economy of indigenous artisans and Afromexicanos - El Sol de Cuautla | Local news, police, about Mexico, Morelos and El Mundo

Aguascalientes at a Crossroads: Diversifying Beyond Nissan

As Nissan considers leaving Aguascalientes, the region faces a potential economic crisis. This episode explores the urgent strategies being developed by local leaders to diversify the economy and reduce reliance on a single industry. We delve into the potential impacts on employment and local businesses, offering insights into economic resilience and the importance of industrial diversification. Additionally, we examine Mexico's potential tariffs on Chinese imports, discussing the broader implications for trade dynamics and economic sovereignty.Sources:https://oem.com.mx/elsoldelcentro/local/mas-alla-de-nissan-el-plan-para-evitar-una-crisis-economica-en-aguascalientes-21844064https://www.elfinanciero.com.mx/economia/2025/02/24/golpe-a-los-productos-made-in-china-asi-podrian-afectarte-los-aranceles-de-mexico-a-china/Outline:(00:00:00) Introduction(00:00:39) Beyond Nissan: The plan to avoid an economic crisis in Aguascalientes - The Sun of the Center | Local news, police, about Mexico, Aguascalientes and El Mundo(00:03:34) Hit the products ‘Made in China’: thus they could affect the tariffs of Mexico to China

Migrants’ Economic Impact and Querétaro’s Circular Economy Revolution

Explore the significant role of Mexican migrants in the U.S. economy as President Claudia Sheinbaum highlights their contributions amidst diplomatic tensions. Discover Querétaro's pioneering efforts in transitioning to a circular economy, setting a new standard for sustainable growth in Mexico. This episode delves into the economic interdependence between nations and innovative regional initiatives driving environmental and economic progress.Sources:https://www.infobae.com/mexico/2025/02/24/remesas-a-mexico-sheinbaum-dice-que-el-80-del-sueldo-de-los-migrantes-se-gasta-en-eeuu/https://www.eleconomista.com.mx/estados/queretaro-incentiva-cadena-proveeduria-circularidad-20250223-747616.htmlOutline:(00:00:00) Introduction(00:00:36) Remittances to Mexico: Sheinbaum says that 80% of migrants' salary is spent in the US(00:03:33) QUERÉTARO INCENTIVE SUPPLY CHAIN ​​IN CIRCULARITY