Articles

  • 2 days ago | news.bloomberglaw.com | Jose Orozco |Gerson Freitas Jr |Alex Vasquez

    The US is suspending imports of live cattle, horses, and bison via ports along the southern border because of the spread of a parasitic fly in Mexico that’s dangerous to livestock. The suspension is effective immediately, US Agriculture Secretary Brooke Rollins said on Sunday. “There has been unacceptable northward advancement” of the New World screwworm, which is a flesh-eating fly, and further action is needed to slow its spread, according to a US Department of Agriculture statement.

  • 1 month ago | bloomberg.com | Maya Averbuch |Alex Vasquez

    Mexico lowered borrowing costs by a half-point Thursday, as inflation continues to slow and the country’s economy faces the threat of more tariffs from US President Donald Trump. Banxico, as the central bank is known, reduced borrowing costs to 9%, delivering the second straight half-point cut after months of smaller monetary policy adjustments. The move was expected by 29 of 30 economists surveyed by Bloomberg.

  • Feb 5, 2025 | treasuryandrisk.com | Mark Niquette |Augusta Saraiva |Alex Vasquez |Maya Averbuch

    Federal Reserve Bank of Chicago President Austan Goolsbee said persistent, outsize tariffs could renew supply-chain disruptions and drive up inflation. Goolsbee, in prepared remarks he’s scheduled to deliver at a Chicago Fed auto conference in Detroit, warned against assuming tariffs won’t become inflationary.

  • Feb 4, 2025 | msn.com | Alex Vasquez |Maya Averbuch |Thomas Seal

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  • Feb 3, 2025 | business-standard.com | Josh Wingrove |Brian Platt |Alex Vasquez

    President Donald Trump agreed to delay 25 per cent tariffs on Canada and Mexico for a month after both US neighbours agreed to take tougher measures to combat migration and drug trafficking at the border, warding off a continental trade war for now. Trump and Canadian Prime Minister Justin Trudeau announced their agreement Monday in separate social media posts, just hours before the two countries were due to begin placing tariff on hundreds of billions of dollars of each other's exports.

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