July 4-11, 2025
Hot Topics
TRUMPSECURESDEALSONRECIPROCAL TARIFFS
President Trump has announced steep new tariffs on over 20 countries beginning August 1st, unless trade deals are reached. Nations like Brazil, South Korea, and Japan face tariffs ranging from 20% to 50% Furthermore, yesterday July 10th, Trump disclosed a letter to Canada stating that a 35% tariff would be imposed on Canadian goods starting August 1st
However, Mexico has not received any tariff threats, as it has thus far complied with Trump’s trade demands, likely due to its compliance to USMCA terms and strong integration in North American supply chains. This could strengthen Mexico's trade position as global exporters seek alternatives to avoid US tariffs
Source: TIME
COPPER TARIFFS UNDERWAY;OTHER SECTORS
LIKELY TO FOLLOW
President Trump has announced new tariffs targeting critical sectors. A 50% tariff on copper imports, effective August 1, comes from a Section 232 national security study highlighting copper’s essential role in semiconductors, batteries, defense systems, and green technologies Moreover, the move aims to reduce dependence on foreign sources and grow domestic copper mining and refining Also, Trump is advancing plans to impose tariffs on imported semiconductors and pharmaceuticals, following the Section 232 investigations.
On this note, Mexico as a major exporter of copper and intermediate electronic goods, these tariffs could disrupt its manufacturing supply chain, raise costs, and disincentivize future investments Under USMCA, Mexico may challenge the measures, but trade tensions could still pressure Mexican firms to diversify markets or shift production On this basis, President Sheinbaum stated that Mexico is already working on a strategy to diversify exports and make bilateral agreements.
Source: EL ECONOMISTA
ANTI-GENTRIFICATION PROTESTS IN THE CAPITAL
Recent protests in Mexico City against gentrification sparked controversy due to xenophobic slogans and vandalism. Critics, including President Sheinbaum, labeled the acts as xenophobic, while activists argued they were defending the right to housing, not opposing immigration. The protests targeted rising living costs attributed to foreign remote workers and short-term rentals. Also, activists demanded government action to protect locals from displacement. On this note, the U.S. Department of Homeland Security mocked the protest to promote its “voluntary self-deportation” program
Source: NYT
Hot Topics
DEVELOPMENT POLES ARE LAUNCHED
As part of President Sheinbaum’s "Plan México," the federal government launched the first 15 Polos de Desarrollo Económico para el Bienestar (PODECOBIS) to promote industrial growth, job creation, and local supply chains These designated economic zones, located across 14 states, aim to boost national content in production chains, support nearshoring strategies, and create jobs. Moreover, investors and developers operating within these zones will benefit from fiscal incentives, including deductions for asset investments and a deduction for training and innovation expenses On this basis, these policies are intended to attract both domestic and foreign investment, especially from sectors like manufacturing, logistics, pharma, automotive, and aerospace. For Mexico, the program strengthens regional economies, enhances national production capacity, and reduces import dependency, while opening major opportunities for SMEs, who will gain access to financing.
Source: N MAS NOTICIAS
MEXICOPARTICIPATESINBRICSSUMMIT
During the 2025 BRICS summit, Mexico and Russia explored deepening bilateral cooperation, including political dialogue and expanded trade A key topic was negotiating a bilateral investment treaty offering legal protections and fiscal incentives, particularly in services Russia also proposed transferring oil and gas extraction technologies and collaborating on lithium and green energy. Moscow further suggested Mexico import Russian liquated natural gas and re-export it to Europe, bypassing EU restrictions.
While this could bring commercial benefits to Mexico, it may strain USMCA relations by raising concerns in the US over geopolitical alignment and energy trade practices involving sanctioned Russian resources Mexico, as an observer in the summit however, did not pose the same significance as in the G7 summit because it wasn't attended by Sheinbaum herself.
Source: EL ECONOMISTA
AMAZON INVESTS IN A LOGISTICS CENTER IN CDMX
Amazon inaugurated a new logistics center “DXX2” in CDMX with a 50 billion pesos investment The facility has created thousands of indirect jobs in the capital. Also, the authorities positively highlighted the project's contribution to shared prosperity and economic growth. The center enhances Amazon’s supply chain efficiency and supports rising regional demand, reinforcing Mexico City’s position as a world-class logistics hub and a strategic destination for private investment and job creation
Source: CLUSTER INDUSTRIAL
Legislativeand RegulatoryIssues:
ECONOMY
Initiative to Amend the Law yo Promote Sustained Increases In Productivity And Competitiveness Of The National Economy
Presented by: Deputy Noemi Berenice Luna Ayala (PAN)
Objective: Adds specific goals to promote coordinated strategies and financial incentives that facilitate the formal inclusion of informal economic entities into the tax and labor systems, reduce administrative burdens, and enhance productivity.
Status: 2025-07-09 – Published in the Parliamentary Gazette
PUBLIC ADMINISTRATION
Initiative With Draft Decree to Add Provisions The General Law of Transparency and Access to Public Information
Presented by: Deputy Laura Irais Ballesteros Mancilla
Objective: Require creation of document and digital security protocols for all information transfers on the National Transparency Platform and the Secretariat of Anti-Corruption and Good Governance.
Status: 2025-07-09 – Published in the Parliamentary Gazette
TRANSPORTATION
Bill To Amend Articles 35, 63 Bis, And 68 Of The Federal Highways, Bridges, And Motor Transportation Law
Presented by: Deputy Maiella Martha Gabriela Gómez Maldonado (MORENA)
Objective: Prohibits sharpedged wheel or body parts on cargo vehicles due to risks to third parties. Violations will result in loss of transport approval and be treated as intentional acts. Concessionaires are liable, and insurers must cover full damages.
Status: 2025-07-03 – Published in the Parliamentary Gazette
LABOR
Initiative With Draft Decree To Amend Article 377 Of The Federal Labor Law
Presented by: Deputy Francisco Adrián Castillo Morales (MORENA)
Objective: Requires unions to promote training on preretirement culture through psychological thanatology, including evaluation, diagnosis, and preventive treatment of mental health disorders, to prepare workers for a dignified retirement.
Status: 2025-07-09 – Published in the Parliamentary Gazette
NOTE:
These initiatives were presented during the Extraordinary Period by the Permanent Commissions. Meaning that they would have to be referred to Congress on the next Legislative Period if they were to be approved.
