Global Scans · Mexico · Weekly Summary

WHAT'S NEXT?: Mexico's economy and status with the U.S. faces uncertain times as a result of Donald Trump's recent election as America's next president. The impacts of Donald Trump's pre-election threats are already being felt by Mexico's economy and may have unforeseen consequences for both nations.

• [New] The Canada-United States-Mexico Agreement is up for review this year, and it will be critical that the cabinet and furniture industry is not ignored in favor of higher-profile tariff targets like steel and automobiles. Miller Wood Trade Publications
• [New] Travel connected to the Middle East shows extreme impact levels exceeding 80%, while Mexico, the Caribbean, and parts of Latin America reflect a more mixed but still meaningful level of disruption, generally in the moderate range. FlippingBook
• [New] Of 37 banks, brokerages and research organizations consulted by Citi in its latest Mexico Expectations Survey, only 14 said they expected the Banxico board to vote in favor of an interest rate cut at its March monetary policy meeting. Mexico News Daily
• [New] States like New Mexico and California are developing programs to address wildfire risk. NAIC
• [New] The Easter travel surge of 2026 is expected to have a significant impact on local economies in Spain, Mexico, Greece, and Egypt. Travel And Tour World
• [New] Mexico will likely need faster renewable deployment, stronger transport decarbonization, and tougher methane and industrial controls to turn minor reductions into sustained national declines. Climate Scorecard
• [New] Mexico will see a minor overall increase in total emissions, in the range of approximately 0.3% to 3%, rather than a clear decline. Climate Scorecard
• [New] Mexico's central bank cut its benchmark interest rate Thursday, surprising analysts by opting to give the weak economy a boost despite the inflationary risk of the war in the Middle East. NAMPA
• [New] Banxico is likely to stress increased risks amid higher oil prices, but the supply-side nature of recent shocks should not derail its plans to move rates further into neutral. / Mexico BBVA research
• [New] The next major macroeconomic release for Mexico will be the March retail sales data, which will give more insight into consumer behaviour and the depth of the current slowdown. Ainvest
• [New] Mexico's central bank, Banxico, which has kept its key interest rate at 7.0% to combat inflation, will be closely watching to determine if rising retail sales are adding to price pressures. Bitget
• [New] Companies that spent the last decade sourcing from Asia are moving manufacturing and distribution operations to Mexico to reduce lead times, lower freight costs, and cut their exposure to geopolitical risk and unpredictable tariff environments. Austin Chamber of Commerce
• [New] Mexico's strongest case against unilateral U.S. action is the one whose defence requires the most from the Mexican government: demonstrating that it can and will address the cartel threat effectively through its own sovereign mechanisms. Foreign Affairs Magazine
• [New] More than 80% of Mexico's exports depend on the USMCA, and Washington has already threatened to let it expire or renegotiate it in 2026 to force additional concessions. The Red Herald -
• [New] The program, created last year through the Medical Psilocybin Act, will offer treatment for conditions like treatment-resistant depression, PTSD, substance abuse, and end-of-life care, making New Mexico the first state with a medically integrated psilocybin program. RuralOrganizing
• [New] Foreign Direct Investment can potentially add another 0.5% to Mexico's GDP while manufacturing output could add 2.4% points, with an additional 1.1 million potential jobs being created. FreightCenter
• [New] The 45 Z tax credits have been extended to 2029, with eligibility limited to US, Mexican, and Canadian feedstocks, reinforcing energy security and domestic industry growth. ASUENE | The enterprise climate cloud platform | Carbon
• [New] Labour vulnerability assessment: Conduct internal reviews of union contracts and wage structures across Mexican facilities to ensure they meet Labour Value Content requirements, especially as inspections by U.S. labour officials are expected to increase in 2026. Prodensa Servicios de Consultoria
• [New] Mexico and the United States will begin bilateral discussions as part of the review process for the USMCA, with Mexico set to propose maintaining the trade deal and eliminating tariffs. Mexico Business
• [New] Other projects are based in Florida, Louisiana, North Carolina, and the city of Albuquerque, New Mexico, where Reliable Robotics will test autonomous cargo operations. Q104.3
• [New] The United States could negotiate separate deals with Canada and Mexico, ending the three-nation North American bloc that previous administrations saw as crucial to competing economically with China and the European Union. Los Angeles Times
• [New] Driven by household consumption, activity is expected to rebound in 2026, and Mexican growth could reach its potential. economic-research.bnpparibas.com
• [New] The killing of CJNG leader El Mencho set off violence in Mexico, and armed group activity in Colombia could lead to violence around elections. Acled

Last updated: 31 March 2026