

Published 02/05/2025
As part of these efforts, President Sheinbaum met with business leaders at the National Palace, thanking them for their support and reinforcing the importance of Plan México, an initiative designed to strengthen Mexico’s industrial sector and attract long-term investment. She reiterated Mexico’s commitment to working with the U.S. administration to ensure trade stability and economic growth.
Strengthening Economic and Trade Relations
With the tariff suspension in place, Mexico and the U.S. will engage in ongoing negotiations to develop long-term solutions. The agreement highlights Mexico’s proactive approach to preserving its trade relationship with the U.S., a partnership crucial to industries such as automotive, agriculture, and manufacturing.
Following the tariff announcement, Mexico’s government convened urgent discussions with key stakeholders, including the Business Coordinating Council (Consejo Coordinador Empresarial or CCE), to establish a cohesive response. The CCE reaffirmed its commitment to working alongside the government to protect trade stability and prevent disruptions.
President Sheinbaum also detailed her call with U.S. President Donald Trump, during which she expressed concerns about the impact of tariffs on businesses and consumers. She reaffirmed Mexico’s commitment to productive dialogue and economic cooperation, emphasizing the importance of maintaining strong trade relations.
This collaborative approach between government and industry reinforces Mexico’s economic resilience and underscores its role as a leading nearshoring destination despite shifting trade policies.
We recommend you these articles...
Business Implications and the Role of Nearshoring
The one-month tariff suspension provides businesses with a critical window to assess supply chains and prepare for potential policy shifts. Companies should stay informed, engage with industry associations, and explore risk mitigation strategies.
A broad coalition of U.S. organizations and industry groups has opposed the tariffs, warning of economic consequences. The U.S. Chamber of Commerce, National Association of Manufacturers (NAM), and National Retail Federation (NRF) have emphasized potential cost increases, supply chain disruptions, and weakened competitiveness. Meanwhile, sector-specific groups such as the American Automotive Policy Council (AAPC), Semiconductor Industry Association (SIA), and Information Technology Industry Council have raised concerns about manufacturing, energy, and technology sectors.
Opposition spans across agriculture, food production, construction, and fashion, with U.S. governors and bipartisan congressional leaders cautioning against job losses and economic instability. This widespread resistance highlights the importance of diplomatic negotiations in preserving North America's economic strength.
Mexico will continue to be a top nearshoring destination, offering cost-effective operations, a skilled workforce, and strategic market access. As supply chain resilience becomes a priority, businesses are increasingly looking to Mexico for long-term trade stability and growth.
American Industries understands the challenges businesses face amid evolving trade policies and is prepared to help companies navigate these changes while minimizing disruptions. Contact us today to learn how our nearshoring expertise can support your seamless expansion into Mexico’s most competitive industrial regions.
Related Posts


