US tariffs heighten economic uncertainty for Mexico, says Fitch
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3 weeks ago

US tariffs heighten economic uncertainty for Mexico, says Fitch

China Daily  

A large construction project known as the East Otay Mesa border crossing is shown from a drone view with Mexico in the background, on the day a 25% tariff was placed on all Mexican imports into the US, along the border in San Diego, California, US, March 4, 2025. MEXICO CITY -- The 25 percent tariffs recently imposed by the United States on Mexican imports have significantly worsened the business environment in Mexico and heightened economic uncertainty, a credit rating agency warned on Wednesday. According to Fitch Ratings, a potential recession could have a severe impact on Mexican companies, especially those in the construction, housing, retail and automotive industries. "Other Mexican corporate sectors face moderate to low exposure due to diversification or alternative markets," the agency said.

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