The Mexican Business Council for Foreign Trade, Investment and Technology (Comce) highlighted that the Office of the United States Trade Representative (USTR) and the Mexican government, through the Ministry of Economy (SE) , have begun the process of public consultations leading up to the joint review of the United States-Mexico-Canada Agreement (USMCA) , which will take place in 2026.

In response to the invitation from USTR and the SE to citizens, businesses, and organizations to submit written comments and participate in a public hearing on November 17, 2025 , in Washington, DC, Sergio Contreras Pérez , Executive President of COMCE, announced that the agency is prepared to support the country.

In this context, the Comce reported that, as part of the Cuarto de Junto (Third Quarter )—the consultation and support mechanism in which private sector representatives participate to support the government in international trade negotiations and reviews—the agency will actively participate in this consultation and review process of the USMCA.

To this end, it has accredited members of its International Section for North America, which includes Juan Pablo Cervantes , president of the Section; Kenneth Smith Ramos , president of the Mexico-United States Bilateral Committee; Armando Ortega , president of the Mexico-Canada Bilateral Committee; and Antonio Ortiz-Mena , president of the USMCA Technical Strategy Committee, who are contributing their experience to support the Mexican government in developing proposals that strengthen regional competitiveness and ensure the continuity of the agreement for the benefit of the country.

According to the communication issued by the USTR and the SE, this exercise opens the door for the region’s productive sectors to contribute proposals that strengthen North America’s competitiveness , including topics such as economic security, workforce development, and investment attraction.

“In this context, Mexican companies have a great opportunity to position Made in Mexico as a strategic factor within regional integration, contributing quality and regional content to trilateral value chains,” Contreras Pérez emphasized.

According to the organization’s executive president, the implementation of Plan Mexico , the promotion of the Made in Mexico label  , and the recent reforms to the General Import and Export Tax Law open a new cycle of opportunities for Mexican industries seeking to expand their presence by becoming part of North American supply chains.

“Promoting Made in Mexico strengthens the domestic market and consumption, job creation, and, of course, our industrial fabric, which strengthens supply chains in the North American region,” said the CEO of Comce.

He also highlighted that a few months ago, Comce presented to Mexican President Claudia Sheinbaum the seven strategic actions it has undertaken to join Plan Mexico , with concrete initiatives to boost value chains, relocate investments, and project Mexico as a reliable and competitive partner in the global economy, Contreras Pérez affirmed.

He mentioned that this context offers new opportunities for Mexican companies in strategic sectors. He explained that, according to Harvard University’s Atlas of Economic Complexity , Mexico has the opportunity to earn up to $123 billion in global markets for certain products , including the production of integrated electronic circuits, sensors, X-ray equipment, cell phones, and packaged medicines, among others.

He also explained that, based on data from the Economic Complexity Observatory for 2024, Mexico is positioning itself as the leading exporter of semiconductors, medicines, televisions, and cell phones in Latin America.

“These figures speak to a Mexico with a favorable environment for the export of advanced manufacturing, reinforced by the interest in increasing the North American regional content in our exports, giving us the opportunity to grow our leadership as a country,” said Sergio Contreras.

Therefore, the Comce proposes that, just as Made in Mexico is promoted for the domestic market, the Made in Mexico, Quality label be used  for all products and packaging destined for international markets, “thus recognizing that our manufacturing, which represents approximately 90% of our exports, boasts true quality,” concluded Contreras Pérez.

Comment and follow us on X:  @GrupoT21

El cargo Review of the USMCA opens historic opportunities for the Mexican industry: Comce apareció primero en T21.

The  Consumer Confidence Indicator (ICC)  in Mexico stood at  46.3 points in February 2025, which meant a decrease of  0.3 points per month , according to information from the  National Institute of Statistics and Geography (Inegi) , published this Monday.

These figures show that consumer confidence fell again in the second month of this year, linking four months of decline , which shows a decline in the general perception of families about their economic situation and that of Mexico.

The Inegi report also noted that, in its annual comparison and with figures adjusted for seasonality, the ICC registered an annual drop of 0.8 points .

“In its interior, monthly declines were observed in the components that evaluate the current and expected economic situation of household members, as well as in those related to the current and future economic situation of the country. In contrast, the indicator that captures the current possibility of household members to make purchases of durable goods registered a monthly increase,” the organization indicated.

During February 2025, the indicator that measures consumers’ perception of the country’s economic situation today compared to 12 months ago decreased by 0.9 points .

Meanwhile, the component relating to the country’s expected economic condition in one year compared to the current one decreased by 0.4 points .

As for the current economic situation of household members compared to what they had 12 months ago, it fell by 0.2 percent .

In turn, the indicator that measures the expected economic situation of household members within 12 months, compared to the current one, also showed a decrease of 0.1 points .

The only item that increased was the current economic situation of household members compared to 12 months ago, for purchasing furniture, television, washing machine, and other household appliances, which increased by 0.6 points , Inegi said in its report.

The January slope, the new United States administration, headed by Donald Trump , and the uncertainty generated by the threat of 25% tariffs on various Mexican products, which remains latent although it was paused until April 2 for goods that are within the Treaty between Mexico, the United States and Canada (T-MEC) , have influenced the decline in consumer confidence during February.

According to a report by the financial institution Banamex , lower domestic consumption in the coming months could be one of the consequences of the tariff measure that the new government of our northern neighbor is seeking to impose on Mexico, which would aim to be inflationary .

Comment and follow us on X: @GrupoT21

El cargo Consumer confidence in Mexico falls in February; it is a four-month decline apareció primero en T21.

In January 2025, the  Consumer Confidence Indicator (ICC) in Mexico stood at 46.7 points , which meant a decrease of  0.3 points per month , according to information from the  National Institute of Statistics and Geography (Inegi) .

The figures show that consumer confidence fell again in the first month of this year, as the indicator recorded three consecutive months of declines .

The Inegi report indicated that, in its annual comparison and with figures adjusted for seasonality, the ICC registered an annual drop of 0.4 points .

“Monthly reductions were observed in the components that capture the expected economic situation of household members, the current and future economic situation of the country, as well as in the component related to the current possibility of household members to make purchases of durable goods. The indicator corresponding to the current economic situation of the household showed a monthly increase,” the agency indicated.

During January 2025, the indicator that measures consumers’ perception of the country’s economic situation today compared to 12 months ago decreased by 0.2 points .

Meanwhile, the component relating to the  country’s expected economic condition in one year compared to the current one decreased by 0.9 points . In turn, the indicator that measures the expected economic situation of household members in 12 months, compared to the current one, also showed a decrease of 0.6 points .

The only category that saw an increase was the current economic situation of household members compared to 12 months ago, with 0.3 points , Inegi said in its report.

The political environment in the United States, which seeks to impose a protectionist economy by charging tariffs on partner countries of the Treaty between Mexico, the United States and Canada (T-MEC) , as well as the January slope, are some of the factors that have influenced the decrease in consumer confidence.

According to a report by the financial institution Banamex , the tariff measure that the new government of our northern neighbor is seeking to impose on Mexico would aim to be inflationary , which could lead to lower domestic consumption in the coming months, if it comes into effect.

Comment and follow us on X:   @GrupoT21

El cargo January downturn hits consumer confidence; indicator has been on a downward trend for three months apareció primero en T21.