AGP Executive Report
Last update: 3 hours agoNicaragua-US Sanctions: The U.S. imposed new visa restrictions on more than 100 Nicaraguan officials and relatives, citing the death of Indigenous activist Brooklyn Rivera in government custody and accusing the Ortega-Murillo leadership of “dictatorship” and rights abuses. The U.S. says it has now barred over 2,350 Nicaraguan officials and family members from entry. Tropical Storm Cristina: A new Pacific storm formed off Nicaragua’s coast, with forecasters warning of heavy rain across coastal Nicaragua, Honduras, El Salvador and Guatemala, while a separate system, Tropical Storm Boris, threatens southern Mexico. Trade Pressure: The U.S. Trade Representative proposed Section 301 forced-labor tariffs on imports from 60 economies, including tiered 10% and 12.5% duties, with public comments due in early July. Regional Economy Watch: ECLAC projects slower Latin American growth in 2026, with Cuba and Haiti driving the decline—an economic drag that also matters for Central America’s outlook. Business Expansion: Lasco Group says it plans to expand exports beyond its current small share of production, targeting the Caribbean, U.S., Canada, and parts of Central America including Nicaragua.
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