The president of the American Society in Mexico, Larry Rubin, expressed his concern about the possible repercussions that the approval of the judicial reform in Mexico could have on the review of the Trade Agreement between Mexico, the United States, and Canada (T-MEC). Rubin pointed out that structural changes in the country could generate distrust among investors, which would affect the review or renegotiation of the treaty in the future.
Rubin mentioned that the reforms, particularly the popular election of judges and magistrates, could raise uncertainty about who will finance the election of judges and whether these decisions will be influenced by those who supported them in their voting. Although the Mexican government defends that these measures aim to increase legitimacy and transparency in the administration of justice, they have faced opposition, including a prolonged labor strike by workers in the Judiciary.
Despite the concerns raised, Rubin stated that American investors will continue to collaborate with the new Mexican government. He highlighted the importance of the meetings of the Mayor of Mexico City, Claudia Sheinbaum, with American investors as a positive sign. Additionally, he praised the improvements made by the Secretary of Economy, Marcelo Ebrard, in that Secretariat.
Regarding the political landscape in the region, Sheinbaum recently took office in Mexico, while the presidential election between Donald Trump and Kamala Harris approaches in the United States, and Canada prepares for general elections in 2025. Rubin emphasized that reforms in Mexico could have a significant impact on the review of the T-MEC, whose next evaluation is scheduled for 2026 and will be led by governments different from those that initially signed the agreement in 2020.
