On April 3, Mexican Economy Minister Marcelo Ebrard said that his country is negotiating with the Trump administration to reduce the impact of tariffs on auto parts and finished vehicles with the goal of reaching a deal in the next 40 days.
While Mexico was excluded from so-called reciprocal tariffs announced on Apri

On March 27, Mexican President Claudia Sheinbaum announced that her government will deliver a comprehensive response on April 3 to the U.S. decision to impose a 25% tariff on cars and light trucks, effective the same day.
While affirming Mexico’s willingness to cooperate with the U.S., Sheinbaum emphasized that the n

On March 4, Mexico's President Claudia Sheinbaum said that her country would respond to the 25% tariffs imposed by the Trump administration with its own retaliatory tariffs and non-tariff measures, but held off announcing exactly what those would be, promising a statement on Sunday, March 9, in Mexico City's main squ

On February 24, it was estimated that the tariffs on aluminum and steel announced by U.S. President Donald Trump, set to take effect on March 12, could impact Mexico’s exports to the United States by approximately USD 22.53 billion.
According to an analysis by the Mexican Institute for Competitiveness (IMCO), these t

On February 17, the National Chamber of the Transformation Industry (Canacintra) in Puebla warned that some key sectors will be impacted by the newly imposed 25% tariffs on steel and aluminum imports to the U.S.
These sectors include appliance manufacturing, automotive and auto parts, electronics, agro-industry (pack

On February 6, Mexico's President, Claudia Sheinbaum Pardo, announced the creation of the National Semiconductor Design Center “Kutsari”, The center will have sites in Puebla, Jalisco and Sonora. 
An Accelerated Training Program for designers will be implemented by 2026, a manufacturing model will be evaluated to est

On February 1, the government of Guanajuato, Mexico, announced the Work Plan for Tariff Management and Economic Strengthening, an initiative aimed at protecting jobs, boosting investment, and enhancing business competitiveness.
The strategy, developed in coordination with the federal government, consists of four key

On February 3, Mexico and the U.S. reached a one-month agreement to stave off tariffs and a looming trade war, the threat of which sent global markets racing downward earlier in the morning. The Dow Jones Industrial Average, a key stock index, plunged more than 650 points in early trading before recovering – though s

On January 8, Mexico’s federal government unveiled an ambitious plan to boost domestic semiconductor production, a strategic sector for the global economy and essential for reducing reliance on imports.
The initiative aims to double local supply in equipment manufacturing (OEM, ODM, CMO), cut foreign dependency by 10

On January 6, the Mexican government announced that the Olinia project, focused on the production of national EVs in Mexico, will include three models, with the first expected to launch in 2026.
The initial Olinia models include one for personal mobility, one for neighborhood mobility aimed at replacing moto-taxis in

On December 23, it was announced that a meeting will take place in Mexico on January 15, 2025, between business leaders from Mexico and Canada to strengthen bilateral trade relations and advance North America's economic integration.  
A delegation of Canadian CEOs will meet with President Claudia Sheinbaum, leaders o

On December 12, it was reported that Mazda Motor Corporation is reevaluating its investment strategy in Mexico due to potential tariff threats from Donald Trump, who has proposed a 25% tax on Mexican imports.
Miguel Barbeyto, Mazda’s director in Mexico, stated that while the company aims to continue investing in the

On November 26, Mexican President Claudia Sheinbaum sent a letter in reply to President-elect Donald Trump’s threat of a sweeping 25% tariff on her country, saying migration and drug consumption in the U.S. cannot be addressed through threats or tariffs, and that Mexico would retaliate with tariffs of its own “until

On November 7, President Claudia Sheinbaum announced that Olinia, the new electric vehicle, will be manufactured in Sonora state.
The vehicle will be part of Mexico's Technological Development for Innovation Program, her 34th commitment among the hundred she presented at her inauguration. This initiative aims to deli

On October 16, Mexican President Claudia Sheinbaum presented the project for the manufacture of Olinia, the first EV 100% designed and assembled in the country.
The vehicle is expected to be one of the cheapest on the market, costing between USD 20,000 and USD 30,000, competing with models such as the SEV E-Wan Cross

On May 8, it was announced that Mexico withdrew the tariffs on aluminum and its alloys that had been stipulated on April 22, 2024, that corresponded to 35% and 20%, respectively.
This change was published in the Official Gazette of the Federation (DOF), where it is mentioned that the reason for the change is due to t

On April 22, the Official Gazette of the Federation of Mexico announced the temporary increase in tariffs between 5% and 50% on goods classified in 544 tariff categories related to steel, aluminum, plastic, electrical equipment, transportation equipment, among others.
These temporary tariffs will be applied for 2 yea

On April 18, it was announced that the Mexican government will not grant incentives to Chinese car manufacturers due to pressure from the United States.
Some of the incentives that the Mexican government granted in the past were low-cost public land and lower taxes.
It is estimated that the pressure from the United S

On April 11, it was announced that Mexico and the U.S. reached an agreement to establish a new collaboration to expand and diversify the global semiconductor landscape, as part of the International Technology Security and Innovation Fund (ITSI) established by the CHIPS Act of 2022.
USD 500 million, or USD 100 million

On December 11, Sinaloa government, in Mexico, announced its plan for setting up a methanol plant in the Topolobampo port by investing USD 2.2 billion.
This plant will be property of Pacifico Mexinol company and will use natural gas, with carbon capture as a fuel to produce more than two billion metric tons of methan