Mexico · Economy
Key Facts
—Downgrade. Moody’s cut Mexico’s sovereign rating to Baa3, the lowest investment-grade rung, on May 20, 2026.
—Slim’s rebuke. Billionaire Carlos Slim called the downgrade “irrational” on May 26, arguing agencies overlook real investment flows.
—T-MEC review. The 2026 joint review of the trade pact is underway, with some outlets reporting a focus on exporter liquidity.






