75. Mexico’s Energy Infrastructure Needs; USMCA Outlook; Top 1H26 Stock Moves; Tulum Troubles; Minting MIllionaires

We speak with Rafael García, VP of External Affairs at TC Energy and President of CanCham Mexico.We discuss Mexico’s energy infrastructure needs, TC Energy’s role in the country’s natural gas pipeline network, and why reliable infrastructure to facilitate low-cost natural gas imports from Texas is key for Mexico’s competitive electricity generation, nearshoring and industrial growth. We also look at how the Canada-Mexico business relationship is evolving as both countries navigate USMCA and seek a common front with the United States.First Eduardo and Damian discuss some of the main news of the week:* The USMCA outlook: the treaty remains in force, but the US has opened the door to annual reviews for the next decade unless a new agreement is reached.* Mexico’s top 1H26 stock market moves, focusing on Diablos and Fibra Nova on the upside.* Tulum’s tourism troubles.* UBS data showing Mexico’s fast-growing millionaires.