Argentina’s economy expanded by 5.6% year-over-year in March, falling short of the 6.5% growth forecast. The slower growth is attributed to the impact of austerity measures and ongoing economic challenges faced by the country.

Thousands of workers in Tierra del Fuego initiated a strike to protest President Javier Milei’s decision to reduce tariffs on imported electronics, fearing the move threatens local manufacturing jobs. The strike highlights growing discontent with the government’s economic policies.

President Milei’s administration announced the removal of energy subsidies for affluent households, affecting over 15,000 users in gated communities. The policy aims to reduce fiscal deficits by targeting subsidies more effectively.

Due to budget cuts affecting the national mint, over 655,000 new cars in Argentina are operating with temporary paper license plates. The downsizing of the mint and outsourcing of plate production have led to delays in issuing permanent plates.

The Canada Pension Plan Investment Board (CPPIB) has increased its exposure to U.S. assets, which now constitute 47% of its C$714 billion portfolio, up from 36% two years prior. This shift has drawn criticism from Canadian business leaders advocating for more domestic investments.

U.S. Treasury Secretary Scott Bessent and Canadian Finance Minister François-Philippe Champagne are scheduled to meet on the sidelines of the G7 summit. The discussion is expected to focus on recent U.S. tariffs affecting Canadian exports and potential Canadian responses.

Mexico has announced that its automobile exports to the U.S. are now subject to a 15% tariff, following recent U.S. trade policy changes. This development poses challenges for Mexico’s automotive industry, which is heavily reliant on the U.S. market.

U.S. Secretary of State Marco Rubio announced plans for himself and other Trump administration officials to visit Mexico in the coming weeks to discuss trade and immigration issues. The visit aims to address bilateral concerns amid escalating tensions.

President Nicolás Maduro is seeking to consolidate his power through a new vote, ten months after a disputed re-election. The move has been criticized domestically and internationally, with concerns over the legitimacy of the electoral process and the suppression of opposition voices.

Argentina’s economy grew by 5.6% year-on-year in March, falling short of the 6.5% growth forecast by economists. On a monthly basis, the economy contracted by 1.8%, indicating challenges in sustaining economic momentum amid ongoing fiscal adjustments and inflationary pressures.

Workers in Argentina’s industrial heartland initiated a strike to protest President Javier Milei’s tariff policies, which they argue threaten local manufacturing jobs by making imported goods more competitive.

President Javier Milei’s administration announced the removal of energy subsidies for affluent households, resulting in higher utility bills for residents in upscale neighborhoods. The move is part of broader austerity measures aimed at reducing fiscal deficits.

Since President Javier Milei took office, over 655,000 new cars in Argentina have been registered with temporary paper license plates. This unusual development results from austerity measures that cut funding for the production and distribution of standard metal plates. As a result, new car buyers are forced to use makeshift paper plates, often displayed in windshields or protective covers, which has raised security and fraud concerns.

The Canada Pension Plan Investment Board (CPPIB) has increased its exposure to U.S. assets, which now constitute 47% of its C$714 billion portfolio, up from 36% two years prior. This shift is attributed to currency effects and the pursuit of higher returns, despite domestic pressures to invest more within Canada.

U.S. Treasury Secretary Scott Bessent and Canadian Finance Minister François-Philippe Champagne are scheduled to meet on the sidelines of the G7 summit, with discussions expected to focus on recent U.S. tariffs and their implications for bilateral trade.

Mexican Economy Minister Marcelo Ebrard announced that vehicles assembled in Mexico and exported to the U.S. will face an average tariff of 15%, rather than the full 25%, due to preferential treatment under the USMCA for products meeting regional content requirements.

U.S. Secretary of State Marco Rubio stated that he and other members of President Trump’s cabinet plan to visit Mexico in the coming weeks to discuss bilateral issues, including trade and immigration policies.

President Nicolás Maduro is seeking to consolidate his power through a new vote, which critics argue lacks transparency and fairness. The move has been met with domestic opposition and international concern over the erosion of democratic processes in Venezuela.