Mexico Update: Second Quarter 2018

Mexico Map
June 01, 2018

Want to learn more about Mexico's economy? Keep abreast of changes in the U.S.-Mexico trade relationship and the economic environment for our nearest neighbor to the south? Browse research and news the AZMEX team recommends this quarter.

Research on the Mexican economy and U.S.-Mexico trade

The Mexico Economic Update from the Federal Reserve Bank of Dallas is available. Check out the latest high-frequency data for the Mexico economy. https://www.dallasfed.org/research/update/mex/2018/1803.aspx 

Check out the Mexico Portal run by the Mexico Institute at the Wilson Center. Keep up with the latest economic and political news in Mexico. https://mexicoinstitute.wordpress.com/ 

Don’t miss the latest IMF World Economic Outlook. It includes forecasts for Mexico! http://www.imf.org/en/Publications/WEO/Issues/2018/03/20/world-economic-outlook-april-2018 

“Is Trump in a Trade War? An Up-to-Date Guide,” from the Peterson Institute for International Economics at: https://piie.com/blogs/trade-investment-policy-watch/trump-trade-war-china-date-guide . See also “Trump’s Steel and Aluminum Tariffs are Counterproductive. Here Are Five More Things You Should Know,” https://piie.com/blogs/trade-investment-policy-watch/trumps-steel-and-aluminum-tariffs-are-counterproductive-here-are 

The First Quarter 2018 issue of the Mexico Consensus Economic Forecast can now be downloaded for free from UTEP’s Digital Commons website: https://digitalcommons.utep.edu/border_region/54/.  This report provides an overview of expected changes in the Mexican economy this year and in 2019.

The February issue of the Borderplex Business Barometer (Volume 2, Number 5) can now be downloaded for free from UTEP’s Digital Commons website: https://digitalcommons.utep.edu/border_region/58/. The report summarizes recent economic trends in El Paso, Las Cruces, and Ciudad Juárez.

Mexico in the News

25 May 2018

Trump identifies his trade weapon of choice, to the dismay of Congress
https://www.wsj.com/articles/trumps-gop-allies-worry-over-possible-new-u-s-auto-tariffs-1527179893

Trump metals tariffs make Granite City great again, but at what cost?
https://www.reuters.com/article/us-usa-trump-tariffs-steel/trump-metals-tariffs-make-granite-city-great-again-but-at-what-cost-idUSKCN1IQ1YL

Mexico’s Pena Nieto ‘optimistic’ on NAFTA as country makes new offer
https://www.reuters.com/article/us-trade-nafta-mexico/mexicos-pena-nieto-optimistic-on-nafta-as-country-makes-new-offer-idUSKCN1IQ01Y

Reuters poll: Mexico central bank could act if peso weakens – analysts
https://www.reuters.com/article/us-mexico-peso-poll/reuters-poll-mexico-central-bank-could-act-if-peso-weakens-analysts-idUSKCN1IO30W

U.S. and China tout trade talks as success, but leave the details for later
https://www.nytimes.com/2018/05/19/us/politics/china-trade-deal.html

US government proposes removal of the so-called ‘startup visa’
http://money.cnn.com/2018/05/25/technology/international-entrepreneur-rule-removal/index.html 

24 May 2018

US car imports may be the next target for tariffs
http://money.cnn.com/2018/05/23/news/economy/trump-car-truck-tariffs/index.html

Mexican economy picked up steam in first quarter
https://www.wsj.com/articles/mexican-economy-picked-up-steam-in-first-quarter-1527082664 

23 May 2018

Phoenix suing federal government over 2020 Census
https://www.bizjournals.com/phoenix/news/2018/05/22/phoenix-suing-federal-government-over-2020-censu.html

Why Trump’s intense focus on the trade deficit could cost the economy in the long run
https://www.nytimes.com/2018/05/22/upshot/why-trumps-obsession-with-the-trade-deficit-could-cost-the-economy-in-the-long-run.html

Nafta talks stalled on U.S. auto demands
https://www.wsj.com/articles/nafta-talks-stalled-on-u-s-auto-demands-1527067800 

22 May 2018

What governments can do for the losers of free trade
https://www.economist.com/open-future/2018/05/22/what-governments-can-do-for-the-losers-of-free-trade

China slashes tariffs on imported cars
http://money.cnn.com/2018/05/22/news/economy/china-cuts-car-tariffs-imports/index.html

Mexican truckers travel in fear as highway robberies bleed economy
https://www.reuters.com/article/us-mexico-crime-transport/mexican-truckers-travel-in-fear-as-highway-robberies-bleed-economy-idUSKCN1IN1D2

What happened in steel cities after Trump’s tariff plans? Weak hiring
https://blogs.wsj.com/economics/2018/05/22/what-happened-in-steel-cities-after-trumps-tariff-plans-slower-job-growth/

In trade war with U.S., China gets the upper hand
https://www.wsj.com/articles/trump-shies-from-pressing-his-advantage-in-china-trade-fight-1526981400