Mexican Economy Minister says they are better off tariff wise after last Friday as they went from paying 25% to 15% in non-USMCA goods
The comments from the Mexican Economy Minister indicate a positive shift in trade terms, as tariffs on non-USMCA goods have significantly decreased from 25% to 15%.
AbbVie (ABBV) to invest USD 380mln in north Chicago to further expand active pharmaceutical ingredient manufacturing in the US; construction to begin in spring 2026, operational by 2029
Newsquawk Daily Economic Releases - 24th February 2026
Mexican Economy Minister says they are better off tariff wise after last Friday as they went from paying 25% to 15% in non-USMCA goods
EU's Costa informed Hungarian PM Orban that he will raise the issue of oil supply to Hungary in meeting with Ukraine's President Zelensky on Tuesday
Slovakia's PM says they have requested the stop of emergency electricity supplies to Ukraine
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This reduction could bolster Mexico’s economic competitiveness and enhance trade flows, which may have implications for US-Mexico relations and broader geopolitical dynamics. Watching for potential reactions in FX, particularly in the MXN and broader commodities markets, will be important.
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