7 Articles
7 Articles
Jerome Powell, president of the Federal Reserve, told Washington Congressionals this week that he was subjected to the biannual control session that “despite the high uncertainty, the economy is in a solid position.” This Thursday, this mixture of instability and robustness has once again been proven by the publication of the US trade deficit figures advanced by the U.S. Census Bureau. In May, the deficit in the exchange of goods with abroad amo…
Exports of goods decreased by 5.2% to US$179.2 billion while imports barely varied, reaching US$275.8 billion, a month after recording the biggest drop in history. Read more
Total exports fall in May In May 2025, Mexico's exports fell 0.4% annually, with a total value of $55.476.4 million.The decline was driven by lower automotive shipments and a sharp drop in oil sales, according to INEGI data.Rates impact on cars Automotive exports declined 9% annually, adding $16.24.4 million. Only to the United States the fall was 10.3%, affected by the 25% tariffs imposed by the Donald Trump government from April on cars and fr…
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