Accessibility helpSkip to navigationSkip to main contentSkip to footer
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign In
  • Home
  • World
    Sections
    • World Home
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • Brace for a market melt-up
    • Jefferies reveals $715mn fund exposure to First Brands invoices
    • IMF and BoE warn AI boom risks ‘abrupt’ stock market correction
    • Badenoch vows to scrap stamp duty
    • Trump says Israel and Hamas have agreed first phase of Gaza peace plan
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Brace for a market melt-up
    • Jefferies reveals $715mn fund exposure to First Brands invoices
    • Trump says Israel and Hamas have agreed first phase of Gaza peace plan
    • Why carmakers are falling back in love with petrol
    • Insurers balk at multibillion-dollar claims faced by OpenAI and Anthropic
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Jefferies reveals $715mn fund exposure to First Brands invoices
    • The flawed Silicon Valley consensus on AI
    • IMF and BoE warn AI boom risks ‘abrupt’ stock market correction
    • UBS fund holds 30% exposure linked to First Brands
    • Why carmakers are falling back in love with petrol
  • Tech
    Sections
    • Tech Home
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
    Most Read
    • The flawed Silicon Valley consensus on AI
    • Insurers balk at multibillion-dollar claims faced by OpenAI and Anthropic
    • Musk settles former Twitter executives’ lawsuit over severance pay
    • Tesla launches cheaper Model Y following end of US EV subsidies
    • OpenAI’s computing deals top $1tn
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Monetary Policy Radar
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
    Most Read
    • Brace for a market melt-up
    • IMF and BoE warn AI boom risks ‘abrupt’ stock market correction
    • Revolut co-founder Nik Storonsky shifts his residency from UK to UAE
    • Gold price tops $4,000 for first time
    • US demands EU dismantle green regulations in threat to trade deal
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Brace for a market melt-up
    • The flawed Silicon Valley consensus on AI
    • Let’s end Eurostar’s monopoly on cross-channel rail 
    • What is happening in France may not stay in France
    • Trump’s tariffs won’t deliver many jobs
  • Lex
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
    Most Read
    • Peter Hargreaves to step down from Hargreaves Lansdown board
    • Why the vibes are wrong for ‘vibe working’
    • Tastes of history: the best of Istanbul’s Ottoman palace restaurants
    • Walking beside the Bosphorus past the splendours of Istanbul
    • Business school teaching case study: The farming subsidy debate
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Puzzles
    • Travel
    • FT Globetrotter
    Most Read
    • Discord at the Venice opera house
    • Jane Birkin: the original It Girl
    • Hot property: five homes for sale in Cape Town
    • Recipe: Ginger pork that’s ready in 10 minutes
    • Match your accessories for a more curated look
  • HTSI
MenuSearch
  • Home
  • World
  • US
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Lex
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

Eduardo Porter

  • Wednesday, 1 October, 2025
    Mexico
    Going back to the 1970s won’t save Mexico

    Embracing protectionism to prevent Chinese dumping and appease Trump will fail — just like import substitution did

    Claudia Sheinbaum waves the Mexican flag and smiles while wearing the presidential sash during the Independence Day celebration.
Previous page1Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareersSuppliers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency Converter

Community & Events

FT Live EventsFT ForumsFT Leaders Academy

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2025. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Edition:International
UK
Subscribe for full access

Top sections

  • Home
  • World
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
  • US
    • US Economy
    • US Companies
    • US Politics & Policy
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
  • Markets
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Monetary Policy Radar
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Lex
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Puzzles
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
  • HTSI
  • Special Reports

FT recommends

  • Alphaville
  • FT Edit
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Visual and data journalism
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Schools
  • FT Live Events
  • FT Forums
  • FT Leaders Academy
  • myFT
  • Portfolio
  • FT Digital Edition
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In