The Chinese electric vehicle (EV) makers have been facing tariffs in the U.S., prompting them to explore other markets to sell their high-tech cars. One such market that has emerged as a hot spot for Chinese EVs is Mexico. Chinese automakers have been aggressively selling their vehicles in Mexico, with China leading as the top
US
Philadelphia Federal Reserve President Patrick Harker recently gave a strong endorsement for an interest rate cut in September. This announcement comes after minutes from the last Fed policy meeting indicated that a cut is imminent. Harker emphasized the need to start the process of moving rates down and suggested that monetary policy easing is almost