S&P downgrades Mexico's economic outlook to negative, citing eroding fiscal flexibility. The agency maintains a 'BBB' foreign currency rating but warns that uncertainty over trade agreement renegotiations is dampening investment confidence.

S&P assigns a negative outlook to Mexico, citing risks of sustained poor fiscal outcomes and a faster-than-expected rise in sovereign debt levels. The agency expects budgetary limits to result in very slow fiscal consolidation for the country.

S&P Global Ratings has assigned a negative outlook to Mexico, citing the risk of sustained poor fiscal outcomes and a faster-than-expected increase in sovereign debt levels.

Brazilian President Luiz Inacio Lula da Silva scraps a tax on imports valued at $50 or less, a measure that could boost his popularity less than five months before the election.

Brazilian President Luiz Inacio Lula da Silva has eliminated a tax on imports valued at $50 or less, a move that the source suggests could increase his popularity ahead of an election in less than five months.

U.S. Customs and Border Protection has processed 35.46 billion dollars in tariff refunds following a Supreme Court ruling that declared previous IEEPA-based tariffs unconstitutional.

U.S. Customs and Border Protection has processed 35.46 billion dollars in tariff refunds following a Supreme Court ruling that invalidated previous tariffs imposed under the International Emergency Economic Powers Act.

Brazil's April inflation matches forecasts despite growing external risks. The country's latest economic data aligns with expectations.

Brazil's April inflation figures aligned with expectations, despite increasing external risks.