By Natalia Siniawski MEXICO CITY (Reuters) -Mexican retailers are expected to post solid second-quarter 2025 results, boosted by favorable calendar effects, though global economic risks and sticky inflation present challenges for brands in the year's second half,

The impact on effective tariff rates is expected to be moderate. BofA estimates these could rise to 4.2% for Canada and 6.9% for Mexico, up from 3.6% and 6.2%, respectively, due to the high share of USMCA-compliant goods in total trade flows.

Slowing exports to China helped the deficit to balloon as the value of items shipped from Mexico to China declined for a second consecutive year.

Most of the Bank of Mexico's governing board supports smaller cuts to the key interest rate, minutes from June's rate decision showed on Thursday, signaling a more cautious approach as Mexico grapples with stubborn inflation and sluggish growth.

The anti-gentrification rallies in Mexico City mirror protests that have erupted in cities like Barcelona and Paris against skyrocketing costs, which have been blamed on overtourism, short-term home rentals,

President Donald Trump and his supporters point to encouraging economic indicators to argue that concerns about his tariffs are overblown. Skeptics, however, say it’s too soon to declare that all’s well.

Key Takeaways A new analysis shows that President Donald Trump's latest trade policies have raised tariff rates to their highest level since 1910.The tariffs are projected to cost a typical family $2,

Nasdaq edges higher after president's latest tariff threats