
Market confidence, China tariff hikes and military scandal
The week of September 8-12, 2025, showcased Mexico’s complex economic position as the Sheinbaum administration unveiled a 10 trillion-peso budget for 2026 while defending controversial tariff increases that put her government squarely between competing pressures from China and the United States. Against a backdrop of high-stakes diplomacy and several violent tragedies, a new Mexican-made airplane…