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LatinNews Daily - 3 February 2025
Main Briefing
On 1 February Mexico’s President Claudia Sheinbaum announced plans to impose retaliatory tariffs on the US after President Donald Trump imposed 25% duties on imports from Mexico, as well as Canada, earlier that day.... Read More
Andean
On 1 February US President Donald Trump celebrated the release of six US citizens who had been imprisoned in Venezuela and said that President Nicolás Maduro had agreed to receive deported Venezuelans, following talks between Maduro and the US envoy for special missions, Richard Grenell, the previous day.... Read More
*Peru’s President Dina Boluarte has appointed José Salardi as economy & finance minister, replacing José Arista (2024-2025).... Read More
Brazil
On 1 February federal deputies chose Hugo Motta (Republicanos) as the next president of Brazil’s lower house, while Davi Alcolumbre (União Brasil) won the election for the senate presidency; both will serve two-year terms.... Read More
*Brazil’s central bank (BCB) has released its latest fiscal statistics, showing a total public sector primary deficit of R$47.6bn (US$8.15bn) for 2024.... Read More
Central America & Caribbean
On 2 February Panama’s President José Raúl Mulino said that his meeting with US Secretary of State Marco Rubio that day in Panama City had been “respectful and cordial”, although US threats to ‘take back’ the Panama Canal remained on the table, with US President Donald Trump warning that if his demands are not met “something very powerful is going to happen”.... Read More
*Honduras’ central bank (BCH) has announced that monthly inflation in January was 0.61%, up from 0.45% in December 2024.... Read More
Mexico
*Mexico’s tourism ministry (Sectur) has announced that the first long weekend of 2025, from 31 January to 3 February, will bring in M$50.5bn (US$2.39bn) in tourism revenue, a 3.2% increase on the same period of 2024.... Read More
Southern Cone
On 1 February LGBTQ+ groups organised a large ‘Anti-fascist and Anti-racist Pride March’ in central Buenos Aires to protest against comments by Argentina’s President Javier Milei in a speech at the World Economic Forum (WEF) in Davos, Switzerland, on 23 January.... Read More
*An interim trade agreement (ITA) between Chile and the European Union (EU) has officially entered into force, following the completion of Chile’s ratification process.... Read More
Washington Watch
Colombia: On 28 January Colombia’s foreign ministry announced that the now former foreign minister, Luis Gilberto Murillo (2024-2025), Colombia’s ambassador to the US, Daniel García-Peña, and US Special Envoy for Latin America Mauricio Claver-Carone had held a high-level meeting in Washington, D.C.... Read More
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