The governor of Nuevo León, Samuel García, announced that they are prepared to face the tariffs imposed by the government of Donald Trump at an international level. During a meeting with representatives from business chambers and civil society, it was agreed to work on a package of measures that includes tax incentives, tax reductions, as well as the simplification or elimination of administrative procedures that may hinder trade and the creation of businesses in the region.
In the meeting with local entrepreneurs, strategies were agreed upon to prevent industrial production from being harmed by the tariffs imposed by the president of the United States. Although the meeting was initially scheduled to address issues related to pollution in the entity, the situation regarding tariffs led to considering the implementation of tax incentives for small and medium enterprises, as well as the simplification of bureaucratic procedures for businesses, among other measures aimed at benefiting the local industry.
"Tomorrow I will share more details about this," stated the governor. The Secretary of Economy, Emmanuel Loo, also pointed out that foreign investment and local production would not be significantly affected by the tariffs, as the industry plans for a longer term than Trump's term in office.
Despite the U.S. president's promise to seek an "interim" agreement with Mexico and Canada, both the government and the local industry of Nuevo León have decided to implement a package of measures from now on to minimize the impact of international measures on businesses in the region.
