This week in Mexico, tariffs remain the dominant topic of conversation. As companies continue to digest the newly approved tariff package targeting non-FTA imports, questions arise around implementation details, supply chain impacts, and inflationary risks. Discussions have also expanded to include potential mitigation measures, such as the use of exemptions or tailored instruments for companies that can anchor new investment or deepen productive capacity in Mexico. 

In parallel, and as we previously reported, Mexico’s Senate has concluded its sectoral consultations ahead of the 2026 USMCA review. We now have access to the conclusions, which provide a clearer picture of what Mexico’s most strategic industries expect and will push for during the trilateral review process.

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