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A magnitude 7.3 earthquake struck off the coast of Chiapas, Mexico, near the Guatemala border, triggering a tsunami alert for dangerous waves within a 300 km radius. The shallow quake was felt from southern Mexico to El Salvador, prompting evacuations. Two people were injured, and at least 10 aftershocks between magnitude 4.9 and 6 were recorded by the USGS.
Mexico's new US Ambassador Roberto Lazzeri stated that the USMCA review should be completed later this year. He urged the US, Mexico, and Canada to accelerate trade talks to provide investor certainty and preserve regional competitive advantages.
President Trump will attend the World Cup final between Argentina and Spain at MetLife Stadium and present the trophy with FIFA president Gianni Infantino. Mexican President Claudia Sheinbaum and Canadian PM Mark Carney will also attend on Trump's invitation.
Mexico's Foreign Affairs Secretary Roberto Velasco Álvarez said Chinese EVs in North America are part of trade discussions with the US. He also stated Mexico will not strike a bilateral deal excluding Canada, insisting the USMCA must remain trilateral. The US declined to extend the USMCA on July 1, 2026, starting a 10-year wind-down clock.
Mexico's growing fleet of Chinese-made heavy trucks is complicating its efforts to obtain relief from US tariffs. The US is pressing Mexico for assurances that it is not becoming a backdoor for Chinese manufacturers to enter North America.
This commentary argues that the World Cup failed to provide a lasting economic boost to Mexico, citing weak investment, missed tourism targets, and localized benefits. It contends that the tournament's impact was short-term and insufficient to offset broader economic challenges, including uncertainty over the USMCA review.
Italy returned 27 pre-Columbian artifacts and fossils to Mexico at a ceremony in Rome. The items include Teotihuacan heads, Maya figurines, and Late Cretaceous fish fossils, recovered from customs inspections and illegal shipments.
Mexico's heavy-duty truck production rose 7.6% and exports to the US increased 3.2% year-over-year in June 2026, marking the first simultaneous growth across all key metrics since August 2024. Freightliner led as top producer and exporter.
Federal agents arrested former Baja California Governor Ernesto Ruffo on fuel smuggling and organized crime charges. The arrest stems from an investigation into a company prosecutors say Ruffo founded, linked to a racket costing Mexico billions in tax revenue.
This commentary argues that Mexico's energy reforms create a major clean energy opportunity amid geopolitical tensions with the US and Canada. It contends that Mexico must balance North American integration with energy security and investment diversification, positioning itself as a manufacturing hub for energy transition technologies.