Economy Politics Local 2026-03-26T14:19:34+00:00

Sheinbaum Expresses Certainty for T-MEC Future

Mexican President Claudia Sheinbaum discussed the T-MEC review, rising oil prices, and new tax initiatives at a business forum in Monterrey, urging the business community to remain optimistic.


Sheinbaum Expresses Certainty for T-MEC Future

Mexican President Claudia Sheinbaum expressed certainty for the country's future and the trade treaty with the United States and Canada. She urged business leaders to remain "very positive" this year, which she described as one of "greater complexity" due to rising oil prices.

"We are living in a complex world. If someone had told us that fertilizer would be 50% more expensive, especially when there was already a surplus, nobody would have believed it. With the situation in the Middle East, we are living in even more complex times," she estimated.

Additionally, she announced that she has sent a modification to Article 141 of the Fiscal Code to the Chamber of Deputies so that companies will not have to guarantee tax lawsuits with cash.

"It was a new measure introduced this year that is causing many problems. We hope it is approved this week in the Chamber of Deputies," she added.

They ask to strengthen energy

Upon taking office for a second term at Caintra NL, Jorge Humberto Santos Reyna stated that in the context of the USMCA review, Mexico must consolidate an ecosystem that attracts investment and boosts competitiveness, mainly by strengthening the energy sector and providing certainty to those who trust in this country.

"For that engine to reach its full potential, we need to consolidate an ecosystem that attracts investment, boosts competitiveness, strengthens the productive sector, specifically the energy sector, and offers certainty to those who trust in our country."

The review of the USMCA, consolidated as a "platform to translate productive integration into more investment, more formal employment, and more added value," is an opportunity for Mexico to be a protagonist in the consolidation of the world's most dynamic region, and Caintra will accompany the government in the preparatory work for the review process.

For his part, Nuevo León Governor Samuel García recognized the support of the Federal Government, highlighting the resources recently sent for key projects in the state, such as the 1.5 billion pesos allocated for infrastructure linked to the FIFA World Cup, as well as for the construction of the Monterrey Metro.

Despite legislative elections in the United States on November 3, "we are doing very well" and there is "certainty" for the future of the USMCA, affirmed President Claudia Sheinbaum.

Participating in the 82nd Annual Assembly of the Chamber of the Transformation Industry (Caintra) Nuevo León, the head of state highlighted that it gives great certainty that her government has established a formal working table with the government of the United States for the treaty review.

"I think it is relevant for everyone that we are doing very well in the trade treaty review. It has its ups and downs, like those we have experienced this year and months, but there is something very important: there is a formal working table for the treaty review, and that gives us great certainty," she commented.

Before the president of Caintra, Jorge Santos Reyna; and the governor of Nuevo León, Samuel García, she declared that her government has not lost hope that the United States will eliminate tariffs on the automotive sector, as well as on steel and aluminum.

According to the Morena party member, the government of President Donald Trump has had "a good attitude" in the USMCA review.

"We know what tariffs on cars, steel, and aluminum have meant. They have impacted the national economy and many of its companies, but we do not lose hope that all of this can be renegotiated in this new stage. And really, there is a good attitude on the part of the United States government, and we believe that, with all the international situation, particularly the United States, which has its elections this year. If four weeks ago they had told us that oil prices would be over $100 a barrel, nobody would have believed it."

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