Tariffs and judicial chaos shake investor confidence in Mexico: ‘Everything has been put on hold’
by Eduardo GarcĂa in Mexico City, Alfredo Corchado i from US news | The Guardian on (#6YZXV)
Growing wave of uncertainty is freezing investment plans in Mexico, rattling business leaders in the US and abroad
A growing wave of uncertainty is freezing investment plans in Mexico, the US's largest trading partner, rattling domestic and foreign business leaders alike.
Investors are weighing Donald Trump's decision to impose tariffs on 1 August. The plan so far - levies on Mexican-made cars, steel, aluminum, metal parts and tomatoes. And they are pondering the push by the Mexican president, Claudia Sheinbaum, to overhaul the country's judiciary in ways critics say undermine legal certainty and could roll back democratic gains.
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