The country’s central bank said it expects Mexico’s gross domestic product to grow 0.1% this year, down from it’s previous estimate of 0.6%.

Banxico, as the central bank is known, slashed its growth forecast for Mexico's economy this year to 0.1%, from its previous estimate of 0.6%, citing sluggish domestic activity and uncertainty related to U.S. trade policy, according to its quarterly report published on Wednesday.

The Trump administration has enacted tariffs on goods imported from many foreign countries, causing a trade war and raising worries of an economic recession.

The election to overhaul Mexico’s courts could result in a justice system more beholden to the nation’s dominant party, Morena.

Falling investment, slowing growth, and the changing whims of U.S. President Donald Trump have led Mexico to support an early review of the U.S.-Mexico-Canada (USMCA) trade agreement, a sharp U-turn on its previous plan to hold off for as long as possible.

Mexico needs reliable energy imports to power its economy, and the United States benefits enormously from growing Mexican demand.

Foreign direct investment (FDI) in Mexico hit a new record high of US $21.4B in the first quarter of 2025, the economy minister reported.

The business community in southern Arizona is grappling with tariffs on imports and federal policies impacting tourism, retail and manufacturing.