Center for Border Economic Development


 

The Center for Border Economic Development (C-BED) is in a unique position to marshal resources from across New Mexico State University (NMSU) to promote business expansion and economic development in communities along the U.S.-Mexico border. An important collaborator in our efforts is Arrowhead Center. Our mission and that of Arrowhead complement each other and this has resulted in a productive partnership.
C-BED seeks to complement existing development efforts along the border by working closely with businesses, governments, NGOs, and other border stakeholders to identify impediments to economic development and to propose solutions to overcome those impediments. Many of the studies conducted since C-BED's founding in 2021 involve economic impact and infrastructure projects including a study for the Border Task Force on the Paso del Norte Region, and an economic impact study of the Santa Teresa Port of Entry and Santa Teresa industrial parks.

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Mexico's central bank cuts rates by 50bp

 

The Bank of Mexico (Banxico) lowered its target overnight interbank interest rate by 50 basis points to 9% on March 27. The bank said the decision partly reflected a continued increase in “global risks”, including “various announcements on the imposition of tariffs”. Banxico pointed to how trade tensions and geopolitical turmoil could weaken economies, have a negative impact on inflation, and create volatility in markets. It said it expected the Mexican economy to exhibit weakness in the first quarter of this year and that uncertainty and trade tensions posed significant risks to domestic growth.

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Trump’s Mexico tariff expected to hurt Arizona businesses

 

President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners, drawing immediate retaliation from Mexico, Canada, and China and sending financial markets into a tailspin as the U.S. faced the threat of rekindled inflation and paralyzing uncertainty for business. Trump imposed 25% taxes, or tariff's, on Mexican and Canadian imports, though he limited the levy to 10% on Canadian energy. Trump also doubled the tariff he placed on Chinese products last month to 20%. Beijing retaliated with tariffs of up to 15% on a wide array of U.S. farm exports. It also expanded the number of U.S. companies subject to export controls and other restrictions by about two dozen.

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