Canada‘s export diversification reached an all-time high in May 2025, with pressure from tariffs imposed by the United States. In 2025, U.S. President Donald Trump imposed tariffs on Canadian products using the International Emergency Economic Powers Act and Section 232. However, many imports under the USMCA were exempted.
Mexico culminated its boom in automotive product exports by registering a 4% year-on-year drop in the first half of 2025. The setback caused these sales to fall to 91.368 billion dollars, according to data from the Ministry of Economy. In this industry, Mexican exports include automobiles, vehicles for
Intermediate goods imported into Mexico hit a record high in the first half of 2025, at US$239.603 billion, according to data from the Bank of Mexico. Intermediate goods are key pieces in production. They do not reach the final consumer, but they make the finished product possible. Industries
Mexico doubled its non-oil extractive exports in the last six years, in the first half of 2019 compared to the first half of 2025, Inegi reported. Thus, these foreign sales increased from 3,024 million dollars to 6,277 million dollars, a record. Non-oil extractive exports Exports from this sector
Mexican manufacturing exports grew five years in a row at year-on-year rates, considering the first half of 2021 to 2025, Inegi reported this Monday. From January to June 2025, Mexico‘s manufacturing exports increased 6.2% at annual rate, to 283.026 billion dollars. These external sales represent 90.5% of exports
How much did US tariffs increase? French credit insurer Coface gives the answer, present and potential. Until June 2025, the average effective U.S. tariff rate on imports was 19 percent. How much did tariffs increase Before the trade truce with China, the average U.S. effective tariff rate was