Tariff Worries Weigh on U.S. Retail Sector

El Financiero

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Mexico City.- The economic activity in Mexico fell 1.5 percent year-on-year in April, due to decreases in the secondary and tertiary sectors, reported Monday by the National Institute of Statistics and Geography (Inegi), and amid uncertainty about the tariffs of the United States.Inegi indicated in his report that this drop in the global indicator of economic activity (IGAE) of Mexico, based on original figures, is the result of the annual fall …

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In light of the tariff measures imposed by the United States on steel and aluminum, as well as the possible reduction of the working day in Mexico, Sonora's manufacturing industry finds itself at a key moment to adapt to new challenges. Juan Álvaro Corral Aguirre, president of Canacintra Hermosillo, explained that trade restrictions slowed the organic growth achieved in previous years. "It was slowed by this type of tariff measures, that's a fir…