🏟️ The latest on Tigres' new stadium
In recent days, the new home of the Tigers has gained significant momentum. And it's because the feline fans need a top-level stadium to continue celebrating titles.
Several companies are vying for the honor of being the sponsors of what would become one of the best stadiums in Mexico. What will it ultimately be called?
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This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here.
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US-Mexico relations: tariff vertigo, construction and silver linings
Ollie Brown is a GlobalData economist focusing on the construction sector and foreign direct investment in the LATAM region. Evidently for constructors and investors on either side of the US-Mexico border, US President Donald Trump's tariffs are rewriting international trade relations with many implications across Latin American economies. Short-term, 25% levies on all exports to the US-- made effective March 4th-- are expected to cripple derived construction demand in Mexico. Long term, there could be benefits as the retainment of high skilled labour and Mexico's foothold in changing global trade could foster more resilient growth, striding away from US dependence. Since Trump's inauguration on January 20th, the White House announced a slew of tariffs on the US's largest trading partners, biased to nations holding significant trade surpluses to the US. Seemingly, US tariffs are being threatened to further national interests, seeking to maximise rent on goods imported to the US, while leveraging access to the US's market as a bargaining tool. Exact levy figures – and market ramifications – continue to fluctuate parallel Trump's sporadic remarks, but to-date (29/05/2025): Mexico faces a 25% bilateral tariff on all USMCA non-compliant exports to the US, made effective March 4th, revoking USMCA free trade terms (consistent with Canada). Mexico is subject to 25% blanket automotive, steel and aluminum tariffs on all exports to the US, whereby steel and aluminum levies hit markets on March 12th, and automotive on April 3rd. Mexico was exempt from further 'Liberation Day' tariffs (along with Canada) announced April 2nd, testament to President Claudia Sheinbaum's cooperative stance as she has avoided retaliation. For example, as part of Mexico's 30-day suspension on US tariffs in February, Mexico agreed to deploy 10,000 National Guard troops to its northern border to combat fentanyl trafficking and illegal immigration. It shows the US is open to trade political concessions for reprieves in the ongoing trade war. For Latin America, while constant policy u-turns make forecasting difficult, the most obvious political concession appears to be cooperating in curtailing migration to the US, one of the Trump administration's defining issues. Hence, the ability to leverage migration control in the tariff tit-for-tat means the likes of Mexico, Brazil, Argentina and other countries south of the US border face comparatively softer treatment. While China, on the other hand, faces an accumulated surtax of 145% in tariffs. Despite relatively subdued tariff measures, in the short-term, levies will abet waning export demand given the scale of US-Mexican trade. Evidently, Mexican exports to the US have been growing YoY to £505.9b in 2024. Similarly, US export share has increased to approximately 82% in 2024, indicative of how dependent Mexico had become on US trade. Therefore, tariffs will disproportionally weigh on Mexico's economy as exporters scramble to substitute US demand. Additionally, FX volatility has been adding to bearish sentiment, albeit recently, the US dollar has dramatically depreciated against the Mexican Peso, from 20.84 (March 11th) to 19.54 (March 24th)-- as illustrated in Figure 2. Therefore, peso price appreciations will somewhat soften the blow to Mexican traders as their currency becomes more regionally competitive. Still, this boost in value will not be substantive enough to counter the expected loss in demand from US levies. Previously, GlobalData argued that tariffs on Mexico would almost inevitably be inflationary, as higher import costs would translate into elevated building material prices and higher barriers to obtaining new building permits which would stunt construction output. However, it now seems that the inflationary effects from the tariffs are being outweighed by the deflationary effects of waning demand as trade volumes plummet. Effectively, the higher prices Mexican constructors would hypothetically have to pay on the supply-side are currently redundant, because there isn't sufficient demand to action the project. Regardless, the short-term net effect is negative. Therefore, GlobalData has revised Mexico's construction output forecast to decline by 7% in 2025. Similarly, economic growth forecasts from TSLombard have been revised downwards from 0.5% to 0.2% for 2025. Parallel to ongoing US-Mexican negotiations over trade in goods and services, Mexican migration to the US is expected to drop as the administration revamps deportation efforts, which have been an effective deterrent for would-be migrants. Given that US remittances to Mexico totalled approximately $65bn in 2024, mass deportations will compound short-term pain. However, the retention of skilled labour in Mexico, previously lost to US industries, could foster more resilient, long-term growth. Figure 3 showcases that in 2022, undocumented workers accounted for approximately 14% of the US's total construction workforce. It is a figure that likely increased in parallel with record surges in migration under the Biden-Harris administration. According to CPWR, workers of Mexican origin account for approximately one-third of the US's total construction labour (2023). Therefore, Trump's hostile migratory policies will inadvertently redirect construction labourers back to Mexico, increasing the ability of Mexican construction to source skilled labour. Mexico's capacity to capitalise on a more robust labour force, however, hinges on its ability to foster the public-private sectors to generate funds to stimulate construction jobs and growth. As previously mentioned, decreased US-Mexican trade will infringe this ability, but long-term, Mexico is taking steps to attract a more diverse assortment of investors. For instance, all trade partners listed in Figure 4 face US levies of varying levels– and correspondingly pose a substitutable investment, particularly in China. Mexico also reached a revamped trade deal with the European Union in January, is currently discussing trade opportunities with China, and is reportedly exploring closer relations with Mercosur– Latin America's regional trade block. GlobalData forecasts rebounded (albeit modest) construction growth in Mexico at a 2% CAGR from 206 to 2029. "US-Mexico relations: tariff vertigo, construction and silver linings" was originally created and published by Investment Monitor, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
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Recap: LSU baseball falls as Little Rock forces a winner-take-all game on Monday
LSU entered Sunday night's game against the Little Rock Trojans with one goal in mind: a trip to the Super Regionals. All they had to do was beat a team that they defeated 7-0 in the first game of the regional on Friday. The Trojans put up six runs in the first three innings, and LSU could not rally, and the Tigers lost 10-4. LSU was the visiting team in this game (that is a rant for another day). In the top of the first inning, LSU got out to a 3-0 lead as Danny Dickinson hit an RBI single and Steven Milam hit a two-RBI single. Jaden Noot got the start on the mound for the Tigers. In the first two games of the Regional, LSU did not give up any runs. That all changed at the bottom of the second inning when Little Rock hit a two-run homer to cut the lead to 3-2. In the top of the third inning, LSU loaded the bases for Michael Braswell, but he flew out to Center Field to end the inning. Chase Shores entered the game to pitch in the bottom of the third inning. Advertisement After recording a groundout, he walked the bases loaded, and then a double cleared the bases and gave Little Rock a 6-3 lead. Cooper Williams would then enter to pitch. In the top of the fourth inning, LSU once again loaded the bases. This time, Ethan Frey was the one up to bat. Frey popped out to the shortstop to end the inning, and the Tigers left the runners stranded for the second inning in a row. In the top of the fifth inning, LSU cut into the lead as a wild pitch scored Luis Hernandez to make it 6-4 Little Rock. Both teams were retired three up, three down in the sixth and seventh innings. Jacob Mayers entered to pitch in the bottom of the seventh inning. He retired all three batters he faced, and we headed to the top of the eighth inning with LSU still trailing by two runs. Once again, LSU was retired without getting anyone on base, and the Tigers were down to their final three outs. Mayers trotted back out onto the mound in the eighth inning and walked the first three batters to load the bases with no outs. A sacrifice fly got the first out, but it increased the Trojans' lead to 7-4. Mayers walked another hitter, and the bases were loaded once again. Advertisement Mavrick Rizy was then brought in to pitch. An RBI groundout scored another run to make it 8-4. A wild pitch scored another run to make it 9-4. An RBI single would increase the lead to 10-4. Tonight's loss marked the first time in LSU history that the Tigers lost to a No. 4 seed in a Baton Rouge Regional. It sets up a winner-take-all game against Little Rock tomorrow. I do not know who the Trojans will have pitching, but I have a really good idea of who we will see from LSU. We are going to see some combination of Casan Evans and Zac Cowan. We have not seen either of those guys in this regional, and now is the time for those guys to slam the door on Little Rock and send us to a Super Regional against West Virginia. Tomorrow's game will be played at a time to be announced. This article originally appeared on LSU Wire: Recap: LSU falls, Little Rock forces a winner-take-all game on Monday
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2 hours ago
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PINSPARK Graduation Season Special: Setting Sail with Sports Gear to Empower the Class of 2025
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