✅ In Mexico, headline inflation accelerated to 4.42% in May, surpassing the Bank of Mexico’s target

✅ The U.S. and China are meeting in London in an effort to ease their trade dispute, which has recently escalated beyond tariffs to include restrictions on key goods for global supply chains

✅ China’s exports rose 4.8% year-over-year in May, while imports fell 3.4%. Despite the tariff truce, shipments from China to the U.S. plunged 34.4%, marking the steepest contraction since 2020