A new report released by Banamex, one of Mexico's most established banks, predicts that the Mexican economy will not grow this year. The document cited the uncertainty caused by President Donald Trump's tariff threats as a key reason behind the bank's negative economic outlook for the country.
While the U.S. President paused the 25% tariffs on all Mexican products only two days after they went into effect, bank executives argue that the damage has already repelled investors and consumers alike, per Intolerancia Diario.
