Daily Brief | July 9 2025

#IntercamNews ✅ In Mexico, headline inflation edged down slightly in June; however, core inflation rose for the fourth consecutive month. ✅ President Donald Trump announced potential tariffs of 50% on copper imports and up to 200% on pharmaceutical products, though the latter may take a year to come into effect to allow companies time to adjust. ✅ Treasury Secretary Scott Bessent estimated that tariff revenues will reach $300 billion this year, following measures targeting metals, automobiles, and semiconductors.