US - MEXICO
SHEINBAUM ESCALATES SOVEREIGNTY RHETORIC AMID U.S. SECURITY PRESSURE
• During a rally marking the second anniversary of her electoral victory, President Claudia Sheinbaum sharply criticized U.S. actions against Sinaloa Governor Rubén Rocha Moya and other current and former state officials accused of ties to organized crime.
• She argued that Washington’s requests for arrests and extraditions without publicly presenting evidence constitute an unacceptable form of interference in Mexico’s internal affairs and reiterated that any investigations must be conducted through Mexican institutions.
• The remarks come amid growing bilateral tensions over security cooperation, following U.S. accusations against Sinaloa officials, the controversy surrounding unauthorized CIA participation in operations in Chihuahua, and repeated criticism from U.S. officials regarding corruption and cartel influence in Mexico.
• Sheinbaum also questioned whether some U.S. political actors are using Mexico as a domestic political issue ahead of upcoming elections.
• The speech signals that the Mexican government will continue emphasizing sovereignty and non-intervention as central elements of its response to U.S. security demands.
• This dynamic could complicate bilateral cooperation at a time when security, organized crime, and law enforcement coordination are becoming increasingly important issues in the ongoing USMCA review process.
SOURCE: CNN
US
- MEXICO
MEXICO-U.S. USMCA BILATERAL NEGOTIATIONS
• During May 28 and 29th, Mexico and the United States are holding the first formal USMCA bilateral negotiating round in Mexico City.
• The U.S. delegation is led by Deputy USTR Ambassador Jeff Goettman, while Mexico’s team is headed by Secretary of Economy Marcelo Ebrard. U.S. lawmakers, approximately 60 American businessmen, and Mexican private sector leaders from the CCE, COMCE, and AmCham also participated in the meetings. The inclusion of industry representatives underscores the importance of maintaining North American supply chain integration amid ongoing global trade tensions and preserving an open dialogue throughout the negotiation process.
• The discussions focused on economic security, rules of origin for strategic industrial sectors, labor issues, critical minerals, and manufacturing competitiveness. Both governments also confirmed additional negotiating rounds for June 16–17 in Washington and during the week of July 20th in Mexico City, signaling that the review process will extend beyond initial expectations.
• For Mexico, the extension of the review process reflects both the complexity and political sensitivity of the negotiations, particularly as Washington pushes for stricter enforcement on trade, labor, and industrial policies. While additional rounds provide continuity and reduce the risk of an abrupt disruption to the agreement, they also prolong uncertainty for key export sectors that depend heavily on long-term investment planning and stable access to the U.S. market.
SOURCE: USTR, EL ECONOM ISTA, EL PAÍS
US - MEXICO
FOREIGN INVESTMENT AND EXPORTS REACH RECORD LEVELS
• Mexico registered a record USD 23.59 billion in foreign direct investment (FDI) during the first quarter of 2026, representing a 10.4% increase compared to the same period last year, according to Secretary of Economy, Marcelo Ebrard.
• The results reinforce the government’s argument that Mexico continues attracting capital despite global trade uncertainty and ongoing tensions surrounding the upcoming USMCA review.
• The United States remained Mexico’s main source of investment, accounting for more than USD 10 billion, particularly in software, automotive manufacturing, medical devices, banking, and digital platforms. Spain, Australia, Japan, and Canada also expanded investments. Reinvestment of profits rose sharply, suggesting that companies already operating in Mexico continue to expand operations rather than relocate.
• Separately, Mexico’s exports and imports reached historic highs in April, with exports surpassing USD 72 billion, driven mainly by manufacturing, electronics, and automotive shipments. Non-U.S. automotive exports also posted strong growth, reflecting Mexico’s parallel efforts to diversify trade destinations. The figures strengthen the government’s position ahead of the USMCA negotiations by underscoring Mexico’s role as a strategic manufacturing and export platform within North America.
SOURCE: FORBES, EL ECONOMISTA
RATIFICATION OF KEY DIPLOMATIC APPOINTMENTS
• The Mexican government submitted four presidential appointments to the Senate for ratification. Among the most relevant nominations is Roberto Lazzeri Montaño as Mexico’s next ambassador to the United States. Lazzeri’s last position was head of Nacional Financiera (Nafin) and Bancomext. Following his departure, Carlos Torres Rosas is expected to take over leadership of Nafin with priorities centered on financing SMEs, boosting trade, and supporting strategic investment projects.
• The administration also nominated Cristina Planter Riebeling as Undersecretary for North America. Planter currently oversees the office in an interim capacity and has been involved in North American diplomatic strategy since 2021.
SOURCE: GOBIERNO DE MÉXICO, EXPANSIÓN
- MEXICO
APPROVAL OF KEY JUDICIAL AND ELECTORAL REFORMS
• Mexico’s Senate concluded an extraordinary session on May 29th by approving three major reforms previously passed by the Chamber of Deputies, advancing President Sheinbaum’s judicial and electoral agenda.
• The most significant reform postpones the next judicial election from 2027 to June 2028, aligning it with the federal electoral cycle. Senators also approved reforms creating a new Integrity Verification Commission within the National Electoral Institute to evaluate potential criminal or financial risks among candidates beginning with the 2027 elections.
• Additionally, Congress approved a constitutional amendment establishing foreign interference as grounds for annulling elections. Separately, Morena coordinator in the Chamber of Deputies, Ricardo Monreal introduced an additional reform to further regulate electoral nullity cases tied to foreign intervention, but itdid not advance during the extraordinary session and is expected to be discussed later in the ordinary legislative period.
• These reforms increase political and regulatory uncertainty around the independence of the judicial and electoral systems.
SOURCES: POLÍTICO
LEGISLATIVE CHANGES AND INITIATIVES
JUDICIAL
• OPINION ON THE BILL AMENDING AND ADDING VARIOUS PROVISIONS OF THE CONSTITUTION REGARDING JUDICIAL REFORM
Presented by: Federal Executive
Objective: Proposes holding the next judicial election on the first Sunday of June 2028. Strengthens Evaluation Committees through unified criteria, standardized evaluation methodologies, and knowledge examinations. Reduces the number of judicial candidates through a public lottery mechanism. Establishes clearer ballot designs, and mandatory judicial training programs.
Status:2026-06-01 - Published in the Official Gazette of the Federation
ELECTORAL
• OPINION ON THE BILL AMENDING ARTICLE 41, SECTION VI OF THE CONSTITUTION TO ESTABLISH A NEW CAUSE FOR ELECTORAL NULLIFICATION DUE TO FOREIGN INTERFERENCE
Presented by: Federal Executive
Objective: To create the Candidate Integrity Verification Commission, emp owered to conduct risk assessments of candidates proposed by political parties or independent candidates. The reform reduces the number of commissioners composing the Integrity Verification Commission and establishes that the National Electoral Institute (INE) will issue the guidelines.
Status:2026-06-01 - Published in the Official Gazette of the Federation
• BILL AMENDING AND ADDING VARIOUS PROVISIONS OF THE GENERAL LAW OF ELECTORAL INSTITUTIONS AND PROCEDURES, REGARDING CANDIDATE INTEGRITY
Presented by: Deputy Ricardo Monreal (MORENA)
Objective: To amend the Constitution to establish that the law shall regulate the system of nullification of federal or local elections in cases of serious, intentional, and outcome-determinative violations involving acts of foreign intervention or interference that influence electoral results.
Status:2026-06-01 - Published in the Official Gazette of the Federation
LEGISLATIVE CHANGES AND INITIATIVES
LABOR
• AGREEMENT ESTABLISHING SIMPLIFICATION ACTIONS FOR PROCEDURES CARRIED OUT BEFORE THE MINISTRY OF LABOR AND SOCIAL WELFARE
Presented by: Ministry of Labor and Social Welfare
Objective: Establishes measures to ensure that services and procedures carried out before the Ministry of Labor and Social Welfare are clear regarding requirements, deadlines, and response times.
Status:2026-05-27 - Published in the Official Gazette
TRADE
• AGREEMENT MODIFYING THE GENERAL RULES ISSUED BY THE MINISTRY OF ECONOMY IN MATTERS OF FOREIGN TRADE
Presented by: Ministry of Economy
Objective: To implement technical adjustments and regulatory harmonization measures to the Agreement establishing general rules and criteria in matters of foreign trade, through the update of references to current NOMs, the incorporation of references to the PLATIICA platform, and the clarification of tariff classifications already subject to compliance with applicable NOMs.
Status:2026-05-29 – Published in the Official Gazette of the Federation
NEWS BY STATE BAJA CALIFORNIA
The Tax Administration Service of Baja California (SAT BC) announced it is working with the federal SAT to open new offices in the Eastern Zone of Tijuana, one of the city’s most densely concentrated industrial and maquiladora areas. The project is part of the federal “Amigos del SAT” program, coordinated by the Taxpayer Services division, and would place a federal SAT office inside the SAT BC headquarters building located at the IMOS facilities. The initiative aims to bring essential fiscal services — including RFC registration, e.firma (electronic signature), and tax status certificates — directly to business operators and workers in the zone, reducing travel time and administrative burden for the industrial community that operates in that corridor.
SOURCE: INDUSTRIAL NEWS BC
NEWS BY STATE
CHIHUAHUA
On June 3, the Chihuahua state government received executives from Marposs — an Italian precision measurement technology company headquartered in Bologna — as part of a follow-up to an economic promotion mission the state carried out in Europe the previous year. Through the Secretariat of Innovation and Economic Development (SIDE) and its “Invest in Chihuahua” strategy, state officials hosted the corporate delegation for site visits to industrial facilities across the state. The meetings focused on evaluating potential expansion, supplier development opportunities, and the opening of new business lines within Chihuahua’s productive ecosystem. The Secretary of Innovation and Economic Development, Ulises Fernández Gamboa, led the meetings, reinforcing Chihuahua’s positioning as an attractive destination for global companies due to its specialized talent, industrial infrastructure, strategic location, and high-value sectors including automotive, aerospace, electrical-electronic, and advanced manufacturing.
SOURCE: GOBIERNO DEL ESTADO DE CHIHUAHUA
NEWS BY STATE COAHUILA
On May 28, Governor Manolo Jiménez Salinas met with French Ambassador to Mexico Delphine Borione to reaffirm cooperation ties between Coahuila and France and to formalize the signing of an Academic Cooperation Agreement between the state government and the French Embassy in Mexico. The accord focuses on expanding French language instruction in the state’s teacher training colleges (Normales), with plans to extend the program to other educational institutions over time. The French ambassador highlighted France’s strong interest in continuing to invest in the Coahuila region, noting the state’s dynamism and international vision — particularly in education, the economy, and industry. The state’s Secretaries of Education, Economy, and Culture all participated in the meeting, alongside French diplomatic staff including the Consul General in Monterrey, signaling the breadth of the bilateral relationship and its potential to attract further European industrial investment to the state.
SOURCE: GOBIERNO DE COAHUILA
NEWS BY STATE
NUEVO
LEON
Monterrey’s role as a FIFA World Cup 2026 host city is generating significant business and economic activity for Nuevo León. The FIFA Fan Festival, officially located at Parque Fundidora, will operate for 39 days throughout the tournament — offering live match broadcasts, concerts, gastronomy, family activities, and cultural programming at no cost to attendees. The state government positioned the event as a major economic driver for the region, projecting tourism revenue, increased hotel occupancy, and business opportunities for local SMEs and vendors across food, retail, hospitality, and entertainment sectors. Authorities highlighted that the Fan Fest will help distribute economic activity beyond the stadium itself, strengthening Monterrey’s profile as the “most northern World Cup” with a distinctive blend of regional music, local culture, and international football — reinforcing the city’s long-term ambitions as a global business destination.
SOURCE: EMPRENDEDOR.COM
NEWS BY STATE GUANAJUATO
Between May 25 and 29, Guanajuato’s Secretariat of Economy conducted a high-level investment attraction tour in Japan — the state’s single largest source of foreign investment — led by Secretary Claudia Cristina Villaseñor Aguilar. The mission involved meetings with global companies and strategic organizations to promote new investment projects, expansions, and economic cooperation agreements for the state. Japan currently accounts for over $9.64 billion USD in accumulated investment in Guanajuato, spread across 151 companies that together generate nearly 49,000 direct jobs — primarily in the automotive, advanced manufacturing, and electromobility sectors. The tour underscores Guanajuato’s strategy under Governor Libia Dennise García Muñoz Ledo to diversify productive sectors while consolidating the state’s reputation as one of Mexico’s most competitive and reliable destinations for international capital.
SOURCE: CLUSTER INDUSTRIAL
NEWS BY STATE
MEXICO CITY
• Mexico City continues to strengthen its position as a leading corporate hub in Latin America, driven by nearshoring, the arrival of international companies, and the expansion of multinational operations seeking access to North American markets.
• According to a report by Turner & Townsend, Mexico City ranked among the world’s most competitive markets for premium office fit-outs, with average costs of US$2,237 per square meter. While significantly below major global financial centers, the city is experiencing growing demand for high-specification office space as companies expand, relocate, and upgrade their operations.
• This demand is generating new investment in advanced building systems, sustainability features, and technology-enabled workspaces.
• The report suggests that Mexico City’s combination of competitive costs, a deep talent pool, and proximity to North American supply chains continues to attract corporate investment. As nearshoring drives the expansion of regional headquarters and support functions, demand for premium office developments is expected to remain strong, reinforcing the capital’s role as one of the country’s most important destinations for business and professional services investment.
SOURCE: MEXICO INDUSTRY
NEWS BY STATE STATE OF MEXICO
• Grupo Neolpharma announced a MX$750 million investment to expand its pharmaceutical ingredient production capacity in Toluca, State of Mexico, reinforcing Mexico’s efforts to strengthen domestic manufacturing of critical healthcare inputs and reduce dependence on overseas supply chains.
• The project will focus on the production of Active Pharmaceutical Ingredients (APIs), the core raw materials used in generic medicines. The expansion is expected to create 250 direct jobs and 900 indirect jobs while increasing local capacity to supply both domestic and international pharmaceutical markets.
• According to company executives, the investment reflects a broader global trend toward regionalized supply chains, as manufacturers seek to improve resilience and secure access to strategic products. The new facility will support Mexico’s growing role as a pharmaceutical manufacturing platform serving North America and other international markets.
• In addition to expanding production capacity, the project incorporates advanced manufacturing technologies and sustainability measures, including
investments in solar energy to reduce the carbon footprint of pharmaceutical production. The company indicated that future output will serve customers in Mexico as well as export markets including the United States, Europe, Japan, and Canada.
• The investment highlights the increasing importance of high-value manufacturing in Mexico’s life sciences sector and supports the development of a more integrated regional pharmaceutical supply chain, a strategic priority as companies seek to diversify production and strengthen healthcare security across North America.
SOURCE: MEXICO INDUSTRY
INVESTMENT NEWS
Central México
BAYER
Bayer, a German global pharmaceutical and life sciences company, announced an additional investment of US$7.5 million (150 million pesos) in Mexico for clinical research in 2026, complementing its broader US$150 million plan (3,000 million pesos) to modernize and expand operations through 2029. Key projects include the expansion of its Lerma plant in the State of Mexico (71% completed) and the modernization of its hormonal medicines and APIs facility in Orizaba, Veracruz, strengthening Mexico’s role as a pharmaceutical manufacturing hub. National Mexico
HUTCHISON PORTS
Hutchison Ports, a global port operator headquartered in Hong Kong, announced an accumulated investment of US$1,232 million to expand and modernize its port terminals across Mexico, increasing operational capacity by 60%. Key projects include the expansion of LCT in Lázaro Cárdenas (28 additional hectares and 345 meters of dock), ICAVE in Veracruz, and new investments in Ensenada, Manzanillo, and Hidalgo, strengthening logistics infrastructure for nearshoring and global supply chains.
SOURCE: MEXICO INDUSTRY
PRODENSA INSIGHTS
USMCA 2026 Scenarios: What Manufacturers Should Be Preparing For
With the 2026 USMCA joint review approaching, manufacturers are evaluating a range of potential outcomes and their impact on operations across North America. While the future of the agreement remains uncertain, preparation and scenario planning have become essential.
This article explores the most likely USMCA scenarios, what each could mean for supply chains and investment decisions, and how companies can build resilience regardless of the outcome.
• The key scenarios shaping USMCA 2026 discussions
• Potential impacts on trade and manufacturing operations
Section 301 Tariffs: What They Mean for Mexico
Section 301 tariffs continue to influence global sourcing decisions and supply chain strategies. As companies reassess exposure to China and other markets, Mexico’s role as a manufacturing and export platform has become increasingly important.
This article examines the purpose of Section 301 tariffs, their implications for North American manufacturing, and the opportunities they may create for companies looking to strengthen regional supply chains.
• How companies can prepare today VISIT OUR WEBSITE TO EXPLORE OUR FEATURED BLOG POSTS, EBOOKS, AND CASE STUDIES PRODENSA.COM/INSIGHTS
• How Section 301 tariffs are reshaping sourcing strategies
• Why Mexico is benefiting from supply chain shifts
• What manufacturers should monitor going forward