Tariffs hit the labor market

03 MIN 30 SEC

Veronica Gascon

Mexico City (July 15, 2025) - 5:00 a.m.

According to data from INEGI, automotive exports fell 2.83 percent annually in the first six months of the year, their first decline in five years.

According to data from INEGI (National Institute of Statistics and Geography), automotive exports fell 2.83 percent annually in the first six months of the year, their first decline in five years. Credit: AP

Employment is beginning to feel the effects of the tariff measures imposed by the United States , as the expectation of creating new jobs has fallen, combined with a drop in exports, especially in the automotive sector.