3. Transfers, takeoffs and tariffs

This MexMoves podcast episode, co-hosted by Damian Fraser and Eduardo Garcia, analyzes key trends in the Mexican economy. The discussion covers four main areas: the significant growth of remittances to Mexico and potential threats from US tax policies; Aeromexico's planned IPO following its recovery from financial difficulties; the potential impact of US tariffs on Mexican exports, particularly in the auto industry; and finally, Amazon's substantial investment in a new data center in Querétaro. The hosts discuss the rise of fintech solutions like Bitso and Felix Bagel in the remittance market, highlighting their efficiency and cost-effectiveness compared to traditional methods. For example, Bitso Business now handles approximately 10% of US-to-Mexico remittances, demonstrating the rapid growth of these alternative financial technologies.