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    March 13, 2025

    Colombia Economic Outlook. March 2025

    Colombia’s economy will grow 2.5% in 2025 and 2.9% in 2026, driven by consumption and investment. Inflation will continue declining, though housing and energy costs will remain rigid. Monetary policy will gradually lower rates, while the external deficit will widen due to rising imports and lower remittance inflows.

    March 3, 2025

    Mexico | Remittances start 2025 on the right foot, grew 1.9% in January

    Remittances to Mexico start the year with growth. In January, 4,660 million dollars arrived in family remittances, +1.9% compared to the previous year.

    February 27, 2025

    Mexico | Current account surplus reflects economic contraction in 4Q24

    The current account surplus in the fourth quarter of 2024 was higher than the corresponding figure for the third quarter of 2024 mainly due to the surplus in the balance on non-oil related goods.

    February 19, 2025

    Mexico | Temporary nature of textile tariffs must be enforced; emphasizing customs control

    Mexico imposes temporary tariffs of 15 to 35% on 155 tariff items in the textile and clothing industry, modifies the Immex Decree to limit access in these sectors. Finally, it establishes a global rate of 19% on products imported through digital platforms from countries without a trade agreement, including China.

    February 14, 2025

    Mexico | US imposes tariffs on steel, aluminum, and derivatives

    On February 10, President Trump signed an executive order imposing a 25% tax on all steel and aluminum imports regardless of their country of origin, which will take effect on March 12.

    February 7, 2025

    Mexico | FDI increased in the manufacturing sector in 3Q24

    As of the third quarter of 2024 (3Q24), the trade deficit is 11 billion dollars. In the same period, foreign direct investment (FDI) continues to flow to Mexico. Through 3Q24, the country has attracted 35.7 billion dollars, a slight increase of 1.5% compared to the same period of the previous year.

    February 7, 2025

    Mexico | For now, Mexico is successful at avoiding tariffs

    On Monday, February 3, the heads of state of Mexico and the US reached an agreement to put on hold for a month the imposition of tariffs that the White House pretended to apply to imports coming from Mexico.