🎙️ Daily Brief | June 4 2025

✅ In Mexico, gross fixed investment and private consumption showed mixed data in March ✅ President Donald Trump signed an executive order doubling tariffs on steel and aluminum imports from 25% to 50%, effective June 4th, to protect the local industry. Mexico will request to be excluded from the tariff increase ✅ The ADP private employment survey reported the creation of 37,000 jobs in May 2025 (vs. 60,000 prior), well below market expectations of 115,000. It was the weakest gain since March 2023