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Home Economy

Mexico has logistical and productive advantages over the US fiscal plan: Ebrard

The Secretary of Economy ruled out any impact on the Mexican economy from Trump's tax plan.

T21 Media by T21 Media
4 July, 2025
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In light of the fiscal plan proposed by US President Donald Trump, which includes cuts in public spending and tax reductions, Marcelo Ebrard , head of the Ministry of Economy (SE) , stressed that Mexico has logistical and competitive advantages in the face of the possible entry of products from other countries into the United States.

“Mexico has a number of very important advantages in this regard, enabling us to be competitive due to our productivity, our proximity, and a number of significant logistical advantages,” the federal official stated at Thursday’s morning press conference.

It is worth remembering that in March 2025 alone, total cross-border cargo between the United States and its North American partners reached a value of  144.8 billion dollars (mdd) , which represented an increase of 8.4% compared to the same month last year, according to data from the Bureau of Transportation Statistics (BTS) .

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Of that figure,  $77.3 billion corresponded to trade with Mexico, which grew  13%  compared to March 2024.

At the event, Marcelo Ebrard ruled out the possibility that Mexico could be affected by the tax strategy promoted by Trump, although he indicated that “we are entering a system of comparative disadvantages. This means that each country will have to pay a different price to enter the United States market, and if you look at the agreement reached with Vietnam, Mexico will have a six-to-one advantage in the cost of entry into the United States.”

He explained that Trump’s tax package could allow imports of products from Vietnam, a competitor of Mexico, at higher costs.

He clarified that this means that “for Vietnamese products, entering the United States market will cost an average of between 35 and 40 percent, while it will cost us an average of 6 percent.”

“You can see that there’s a big disadvantage. So, it seems to me that this system that’s beginning to take shape will also have to wait and see how it ends. But I’m using yesterday’s agreement as a basis, because it’s the first agreement signed with a country with which the United States has a deficit,” Ebrard emphasized.

Mexico is a very competitive country in its manufacturing sector, he reiterated, and emphasized that “the bottom line is that our advantage will increase, which is why I don’t think the fiscal package will affect us.”

Trump’s tax plan includes, among other measures, more agents, detention centers, and surveillance technology, including Artificial Intelligence (AI). It also sets a $1,000 fee for asylum applications and reduces the tax on cash remittances from 3.5% to 1%. Some American analysts have suggested that it will ultimately indebt the United States and penalize migrants.

Ebrard’s statements came as four pharmaceutical companies announced a total of 10.48 billion pesos in investments as part of Plan Mexico.

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“These four companies are examples of the investments we seek to expand our capabilities to foster research, innovation, and the development of advanced biotechnology in Mexico,” emphasized David Kershenobich, head of the Ministry of Health .

Comment and follow us on X:  @GrupoT21

Tags: FISICAL PLANLogisticsMarcelo EbrardPHARMACEUTICAL INDUSTRYTRANSPORT

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índice de Confianza del Transporte y Logística – Cuarto trimestre 2023 10 destinos de exportación de vehículos pesados 2023 Descubre el Top 10 de destinos de exportación de vehículos pesados en México en 2023 La venta de vehículos pesados rompe récord en 2023 5 marcas de camiones más vendidas