MEXICO’S FM RESIGNS—BIG SHAKE-UP IN GOVERNMENT

Mario Nawfal

@MarioNawfal
MEXICO’S FM RESIGNS—BIG SHAKE-UP IN GOVERNMENT

Rogelio Ramírez de la O has stepped down as Mexico’s FM, despite saying last year he’d stay under Claudia Sheinbaum to keep the economy stable.

His deputy, Edgar Amador Zamora, is expected to take over.

No word yet on why Ramírez de la O decided to leave.

The timing is big—Mexico is already dealing with possible U.S. tariffs that could hit its economy hard.

Source: Reuters

Mario Nawfal

@MarioNawfal
TRUMP ANNOUNCES TEMPORARY TARIFF RELIEF FOR MEXICO

“After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement.

This Agreement is until April 2nd.

I did this as an accommodation, and out of respect for, President Sheinbaum.”