Between 2018 and 2024, 10% of Mexicans rose above poverty, equivalent to 13.4 million people. At the same time, 1.7 million people emerged from extreme poverty. In Mexico, poverty is measured using a multidimensional approach. A person falls into this category when they face at least one social
Chinese car imports to Mexico will be subject to a 50% tariff, up from the current rate of 20%, if a decree proposed by President Claudia Sheinbaum is approved. In 2024, Mexico recorded a historic deficit in car trade with China. The negative balance reached $5.068 billion, the
The Mexican government proposed imposing the highest MFN tariff on 1,563 products (tariff items) to the Congress of the Union. The initiative is likely to pass Congress with little or no modification, given that the Morena party (to which President Claudia Sheinbuam belongs) and its allies have a
President Claudia Sheinbaum presented a Customs Law reform initiative on Tuesday. The proposal increases the responsibilities of customs agents and redefines the legal framework in which they operate. In general terms, the initiative toughens penalties and expands obligations. It also modifies the conditions for exercising key functions in
Mexico will apply new tariffs on 1,371 tariff items, marking the biggest tightening of its trade policy in the last four decades. The government will impose tariffs of between 10% and 50% on 16.8% of products arriving from abroad without existing trade agreements, and the measure was set
How first-party data turns your app into a real-time personalization engine — driving relevance, loyalty, and revenue. Personalization Isn’t Just a Nice Touch. It’s a Growth Lever Brands that use in-app behavioral data to personalize every journey see dramatic lifts across key metrics: Average Order Value (AOV): Increases