BBVA Research

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.

With the Clean Industrial Deal, Europe may reach a turning point driving both decarbonization and industrial competitiveness. The effective success of this initiative will depend on its deployment, avoiding coordination issues from fragmented governance, and aligning incentives to encourage essential private financing.

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.

This report examines U.S. reciprocal tariffs on Asian economies after President Trump’s announcement to match trading partners' tariffs. Findings show these tariffs won’t significantly cut U.S. trade deficits, as imbalances stem from comparative advantages, supply chains, and production costs, not tariff rates.