Mexico’s week in review: Sheinbaum delivers her second-year report as trade tensions simmer
This week in Mexico, the peso hit a 28-month high, opposition senators challenged government homicide numbers, and a cheese-naming dispute threatens to complicate U.S. trade talks. The post Mexico’s week in review: Sheinbaum delivers her second-year report as trade tensions simmer appeared first on Mexico News Daily
On August 31, President Claudia Sheinbaum delivered her second annual government report, showcasing a 51% decrease in homicides, booming foreign direct investment, and a stable economy. However, opposition leaders dismissed her claims, accusing her administration of manipulating crime statistics and shielding drug trafficking officials.
Security concerns loomed as a car bomb in Zacatecas injured eleven people and sparked a shootout resulting in the death of Luis Enrique Barragán, the alleged leader of extortion against Michoacán avocado growers. Meanwhile, trade tensions with the United States erupted over cheese naming rights and the USMCA agreement, with Economy Minister Marcelo Ebrard meeting U.S. Commerce Secretary Howard Lutnick to address tariff issues on steel, aluminum, and cars.
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