Export companies have stopped investments due to the possibility of facing a 25% tariff from the United States government, according to industrial representatives. Zelina Fernández, general director of Index Nuevo León, indicated that some planned investments have been halted due to the uncertainty of the current landscape.
20% of Index partners have growth plans, but it is still unclear how many of these companies have investments on hold. Fernández mentioned that they are working on precautions and alternative plans with various government entities in Mexico and the United States. They are evaluating the possible impacts that the decisions of both countries could have on the industry.
Regarding uncertainty, they have been holding daily meetings on the topic and have scheduled a meeting to study the fiscal impact and scenarios to consider in case the tariffs come into effect in February or April. "The meeting on fiscal issues will help us make decisions and execute short-term plans," Fernández stated during the presentation of Expo Manufactura scheduled for February.
On the other hand, Manuel Montoya, general director of the Automotive Cluster of Nuevo León, expressed his concerns about the possible disruption that tariffs could cause in the system. He highlighted the importance of continuing to produce competitively and applying the best technologies, especially in an event like Expo Manufactura, where manufacturers from around the world will participate.
Montoya mentioned that, in case the tariffs are announced, they would not be implemented immediately, allowing affected companies to make necessary adjustments. He compared the current situation with the one generated 8 years ago due to uncertainty over tariffs, emphasizing that the current integration of the automotive industry between Mexico and the United States is stronger, with a significant increase in purchases by multinationals in both countries.
