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    Sheinbaum-Trump Talk, Strong Economy, and New Development Poles: Mexico's Busy News Day

    Mexico City's Mayor Sheinbaum and Donald Trump Discuss Remittances as Mexico's Economy Shows Strength Mexico City – In a whirlwind of political and economic news, President Claudia Sheinbaum held a morning press conference on May 22, 2025, addressing several key issues. She revealed a recent phone conversation with US President Donald Trump, discussing the recently passed US fiscal plan which includes a 3.5% tax on remittances sent to Mexico. Sheinbaum expressed concern about the impact on Mexican migrants and their families, stating, "This type of measure directly affects migrants and their families, so our government will continue to insist on its total elimination." Meanwhile, Mexico's economy continues to show strength, according to the Secretary of Finance and Public Credit, Edgar Amador Zamora. He reported record exports and a historically low unemployment rate. "The Mexican economy maintains a positive rhythm, supported by GDP growth," Zamora stated. Ebrard also announced new economic development poles as part of the Plan Mexico strategy. Adding to the day's events, President Sheinbaum was awarded the Insignia de Oro by America Society, an organization that promotes democracy and development in the Americas. She highlighted that the award belongs not to her, but to the people of Mexico. This day's events showcase a dynamic mix of political dialogue and economic progress in Mexico.

    2 months ago
    MX
    Mexico City, Mexico
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