U.S. tariffs Mexico tag — on news-trading.com

U.S. tariffs Mexico

7 days ago

BBVA Flags U.S. Tariff Risks Amid Shift Away from Emerging Markets

Spain’s second-largest lender, BBVA $BBVA, exceeded first-quarter earnings expectations thanks to resilient domestic performance, but signaled potential turbulence ahead. The bank issued a cautionary note regarding the impact of recent U.S. tariffs on its Mexican operations, which have long served as a growth engine. With global trade friction rising, BBVA is reconsidering its emerging markets exposure, particularly in Mexico and Turkey, in favor of a stronger focus on European markets.

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U.S. tariffs Mexico

Ethan Black@ShadowHawk

7 days ago

BBVA Flags U.S. Tariff Risks Amid Shift Away from Emerging Markets

Spain’s second-largest lender, BBVA $BBVA, exceeded first-quarter earnings expectations thanks to resilient domestic performance, but signaled potential turbulence ahead. The bank issued a cautionary note regarding the impact of recent U.S. tariffs on its Mexican operations, which have long served as a growth engine. With global trade friction rising, BBVA is reconsidering its emerging markets exposure, particularly in Mexico and Turkey, in favor of a stronger focus on European markets.