The Secretary of Economy, Marcelo Ebrard, ruled out a possible economic recession for Mexico in 2026, despite the uncertainty generated by the tariffs imposed by the United States. Although he acknowledged the future risk, he mentioned that the Mexican government is working on strategies to mitigate any impact on the national economy.
In a brief interview with the media, Ebrard emphasized that the economic situation will largely depend on the decisions made by the United States in the midst of the tariff war led by President Donald Trump. The secretary pointed out: 'The issue of recession will depend on the decisions made by the United States and other countries in the world.'
To protect the Mexican economy from potential U.S. tariffs, Ebrard communicated that the government is in contact with strategic sectors such as automotive, auto parts, aluminum, and steel. Measures are being evaluated to minimize the impact of 25% tariffs on Mexican products, as the national automotive industry is deeply integrated with the United States.
In this regard, Ebrard mentioned that Mexico seeks solutions to avoid trade reprisals and maintain regional competitiveness, as the impact of further tariffs would be considerable. Furthermore, the government has carried out operations against companies that simulated temporary imports without complying with T-MEC regulations, which affected bilateral trade.
In a different context, the Mexican government announced that it will promote the 'Made in Mexico' program to strengthen domestic companies with export and innovative capabilities. Ebrard announced the acceleration of this program to support Mexican companies facing bureaucratic barriers and unfair competition. Among the supported companies is Mabe, a Mexican firm with 24,000 employees and 15 plants in the country, which will receive help to expand its international presence and compete effectively abroad.
