Mexico's GDP Beats Forecasts, Canada-US Trade War Heats Up

Mexico's real GDP grew 1.4% QoQ in 2Q26, reaching MX$37.53 trillion in nominal terms, led by services and manufacturing. In addition, Canada imposes 15-50% retaliatory tariffs on the US as trade war deepens, while Mexico keeps negotiating ahead of a September USMCA review round.

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Mexico Real GDP Grows 1.4% QoQ in 2Q26, Just Beating Projection

Mexico's real Gross Domestic Product (GDP) expanded 1.4% quarter-on-quarter on a seasonally adjusted basis in 2Q26, according to a new indicator report released by the National Institute of Statistics and Geography (INEGI). In nominal terms, GDP reached MX$37.53 trillion (US$2.06 trillion), marking a 6.3% annual expansion driven by a 2.1% year-on-year increase in real GDP and a 4.2% rise in the Implicit Price Index (IPI).

Mexico Attracts Record US$34.97 Billion in FDI in 1H26

Mexico captured a record US$34.968 billion in FDI in the first half of 2026, up 2.1% from the same period last year and the highest first-half total on record, the Ministry of Economy reported, extending a nearshoring-driven investment streak even as the broader economy shows signs of slowing.

Canada Announces Retaliatory Tariffs of Up to 50% Against the US

Canada announced retaliatory tariffs of 15% to 50% on US goods on Aug. 25, escalating a trade war between the two longtime allies just weeks before Mexico enters its own fourth round of USMCA review negotiations with Washington over nearly identical tariff disputes.

Mexico Returns to Japan Market With Samurai Bond Issuance

Mexico's Ministry of Finance and Public Credit (SHCP) confirmed that the federal government will return to Japan's financial market with a new placement of Samurai bonds on Aug. 28, 2026. Structured in up to six tranches with maturities ranging from 3.5 to 20 years, the transaction marks Mexico's return to the Asian capital market following a two-year hiatus since its August 2024 debt issuance of YN¥152.2 billion (US$955.03 million)

Mexico and South Korea Expand Cooperation in Science, Technology

Mexico and South Korea are expanding bilateral cooperation in science, technology, and innovation as both countries seek to strengthen economic ties, develop joint capabilities in emerging technologies, and deepen industrial links.

AIMX Calls for Citizen-Centered Audience Rights Regulation

The AIMX is urging Mexico to adopt a new regulatory framework for audience rights that strengthens access to information and digital literacy without granting the state authority to determine editorial criteria for media outlets or social platforms.