The Employers' Confederation of the Mexican Republic (Coparmex), under the leadership of its president Juan José Sierra Álvarez, expressed its rejection of the United States government's decision to implement a permanent 25% tariff on Mexican exports. The business organization argues that this measure represents a serious threat to competitiveness in North America and the economic stability of Mexico.
Among the most affected sectors are automobile, auto parts, computers, household appliances, and agricultural products exports. Coparmex warns that this action could lead to an economic slowdown, pressure the exchange rate, and generate financial instability in the country.
Coparmex calls on the Mexican government to make use of the resources outlined in the USMCA and carry out a diplomatic strategy aimed at challenging the tariffs imposed by the United States. At the same time, it highlights the importance of implementing a comprehensive strategy that strengthens the domestic market through legal certainty, security, and a reliable energy supply.
Additionally, the business organization emphasizes the need to support Mexican companies in creating alternative supply chains and exploring new markets in Europe, Asia, and Latin America. It also urges all economic sectors to unite in defense of free trade and the productive integration of the region.
