On February 2nd, Jin10 Data reported that Matteo Ceurvels, the chief Latin American analyst at Emarketer, said that the imposition of a 25% tariff on Mexico by the United States could overturn 30 years of trade integration, suppress the rise of the retail industry, and increase pressure on enterprises. Mexican retail sales are expected to suffer a huge blow, rising only 3.3% this year instead of the expected 4.5%. Managing this economic rift will be one of the biggest challenges faced by Mexican President López Obrador, as she balances the interests of Mexico's key industries and consumers.
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· 02-02 01:42
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· 02-02 01:40
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Analyst: Tariffs will deal a huge blow to the retail industry in Mexico
On February 2nd, Jin10 Data reported that Matteo Ceurvels, the chief Latin American analyst at Emarketer, said that the imposition of a 25% tariff on Mexico by the United States could overturn 30 years of trade integration, suppress the rise of the retail industry, and increase pressure on enterprises. Mexican retail sales are expected to suffer a huge blow, rising only 3.3% this year instead of the expected 4.5%. Managing this economic rift will be one of the biggest challenges faced by Mexican President López Obrador, as she balances the interests of Mexico's key industries and consumers.