AGP Executive Report
Last update: 3 hours agoEV & Auto Exports: GAC says May sales hit 127,300 (+8.18% YoY) and NEVs jumped 71.64% to 46,056, while proprietary-brand exports surged 140% YoY to 28,386 units, with momentum across markets including Costa Rica (+733%). Trade Policy Shock: The U.S. proposes Section 301 tariffs on 60 economies over forced-labor concerns (10%–12.5%), with Costa Rica listed among the covered countries—raising the odds of higher import costs across supply chains. Agriculture Biosecurity: USDA confirmed the first New World screwworm case in the U.S. in South Texas, triggering quarantines and sterile-fly releases; officials say spread is mainly via animal movement, a direct risk to livestock operations. Energy & Wildlife Safety: Costa Rica is moving to protect howler monkeys from electrocution after reports of power-line incidents tied to expanding development. Coffee Sector Pressure: USDA forecasts Costa Rican green coffee production up 3.5% to 1.2M bags in 2026/27, but warns farmers may see limited profit gains from a strong colón and lower prices. Payments & Fintech: PaidBy® and Mastercard partner to scale cross-border bank-to-bank (A2A) payments, aiming to simplify settlement and reconciliation for global merchants.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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