October 17TH, 2025
Hot Topics
HIGH-LEVEL MEETING BETWEEN DE LA FUENTEANDMARCORUBIO
Mexican Foreign Minister Juan Ramón de la Fuente and U S Secretary of State Marco Rubio held a meeting in Washington focused on border security, just days before the October 29th expiration of a tariff reprieve granted by President Trump. According to De la Fuente, the conversation reaffirmed both countries' commitment to address shared security concerns while respecting Mexico’s sovereignty. The meeting comes amid growing pressure from the U S for Mexico to reduce fentanyl trafficking If the country fails to meet expectations, the U S has threatened with imposing tariffs of up to 30% on most Mexican products
Source: EL FINANCIERO
POTENTIALTARIFFREDUCTIONS
According to Luis Rosendo Gutiérrez, Undersecretary of Foreign Trade. Mexico is expecting a significant reduction in U S tariffs on exports such as automobiles, trucks, and steel by November The Mexican government is in talks with U S trade and treasury officials to lower the current 25% tariff and to completely eliminate tariffs affecting strategic sectors like steel and automotive manufacturing.
Also, President Claudia Sheinbaum expressed confidence that Mexico will continue receiving preferential trade treatment from the United States, especially in light of the upcoming USMCA review and the expiration of the Trump-era tariff reprieve.
But a key aspect consider is the evolving dynamic between the United States and China Amid escalating trade tensions Mexico has yet to make definitive decisions regarding its long-term commercial strategy, especially given the implications for global supply chains and North American competitiveness.
Source: EL ECONOMISTA
CONSULTATIONS BETWEEN PRIVATE SECTOR AND GOVERNMENT
Between October 6th and 10th, Mexico’s Secretary of Economy held a series of internal consultations with key economic sectors and regional governments, as part of its preparation for the upcoming review of the USMCA The objective is to build national consensus around Mexico’s priorities in the renegotiation process Secretary of Economy Marcelo Ebrard emphasized that these consultations aim to evaluate how the agreement has functioned so far and to ensure that Mexico’s negotiation stance is grounded in broad domestic consensus and legitimacy. This participation is evidence of how, despite the announcement that the Cuarto de Junto (Anex room) will no longer formally exist, the private sector continues to play a highly relevant role in the USMCA review process, now acting as the technical arm of the Ministry of Economy.
Sources: GOBIERNO DE MÉXICO
Hot Topics
WIDESPREAD FLOODS CAUSE DAMAGEACROSS MEXICO
Flooding caused by torrential rains across several Mexican states has left at least 70 people dead. The disaster has triggered widespread damage to infrastructure, including the collapse of power lines and substation failures. The economic impact could affect up to $109 billion USD in exports, as key industrial and logistical regions have been compromised by infrastructure damage and supply chain interruptions If government efforts to repair and improve critical infrastructure are not efficient and timely in the coming weeks, it could pose significant challenges for businesses and slow down the overall revival of trade and industrial activities. While President Sheinbaum has taken a visible leadership role in public messaging, emphasizing the government’s active coordination, the perception of a delayed or fragmented response could pose a risk to her approval ratings
Source: EL PAÍS
LABOR REFORM: 40-HOUR WORKWEEK
President Sheinbaum has announced that the federal government will present a formal proposal in November to reduce the standard workweek, gradually transitioning from 48 to 40 hours. The 40hour workweek has been a prominent issue on Mexico’s social agenda, however, its legislation has been delayed due to the significant implications it holds for the private sector, particularly in light of the upcoming USMCA review Because of this, the reform will not entail wage reductions and will be based on consensus gathered during previous national forums with the participation of the private initiative.
Source: EXPANSIÓN
PUBLICATION OF THE AMPARO LAW
The reforms to Mexico’s Amparo Law were published on the Official Gazette on Thursday, taking effect today The amparo is a legal mechanism that protects individuals from laws or acts that violate their constitutional rights. Although the approved version included adjustments to address concerns over retroactivity, which was one of the main concerns of the reform, the private sector has expressed significant unease as the reform could undermine legal certainty and delay investment
This situation is expected to generate a period of judicial uncertainty, as rulings may become more restrictive and slower to issue. In the coming months, it will be crucial to observe how the reform is applied in practice and its impact on permits, concessions, tax credits, and the overall legal security of citizens and businesses.
Source: EL FINANCIERO
Legislativeand RegulatoryIssues:
LABOR
Initiative on Union Freedom
• Presented by: Senator Geovanna del Carmen Bañuelos De la Torre (MORENA)
• Objective: To strengthen oversight of union freedom and collective bargaining rights by empowering the Ministry of Labor and Social Welfare to investigate and sanction violations. Grants the Federal Center for Conciliation and Labor Registration authority over transparency and access to public information concerning labor unions.
• Status: 2025-10-15 –Presentation of initiative & turned to commission (chamber of origin)
PUBLIC ADMINISTRATION
Decree Amending And Adding Various Provisions To The Amparo Law
• Presented by: Federal Executive
• Objective: Establishes procedural updates to the amparo trial. As a procedural law, it applies only to future procedural acts after its entry into force and does not operate retroactively or affect acquired rights.
• Status: 2025-10-16 –Published in the Diario Oficial de la Federación (Official Gazette)
FISCAL
Initiative to Amend, Add, and Repeal Various Provisions of the Excise Tax Law on Production and Services (IEPS)
• Presented by: Ministry of Finance and Public Credit (Hacienda y Crédito Público)
• Objective: To protect public health, specially among adolescents and young people, by discouraging habits that lead to addiction or cause mental and physical harm.
• Status: 2025-10-16 –Approved by Chamber of Deputies; sent to Senate
Initiative to Reform, Add, and Repeal Various Provisions of the Federal Fiscal Code
• Presented by: Ministry of Finance and Public Credit
• Objective: To align regulations related to the issuance of fraudulent tax receipts. The initiative grants the Tax Administration Service (SAT) the authority to deny registration in the Federal Taxpayers Registry (RFC) to legal entities if, during the registration process, it is found that the legal representative has participated in companies previously linked to fraudulent activities.
• Status: 2025-10-15 –Approved by Chamber of Deputies; sent to Senate
TRADE
Initiative to Reform, Add, and Repeal Various Provisions of the Customs Law
• Presented by: Joint Committees on Finance and Public Credit; Legislative Studies, First Committee
• Objective: To modernize Mexico’s customs legal framework in order to enhance tax collection, combat tax evasion, and improve the country’s competitiveness in foreign trade. The initiative also aligns with the replacement of several public entities with state-owned enterprises.
• Status: 2025-10-14 –Approved by Senate with modifications; sent to Chamber of Deputies
TRANSPORTATION
Agreement Establishing Simplification Measures for Procedures Before the Ministry of Infrastructure, Communications, and Transport
• Presented by: Ministry of Infrastructure, Communications, and Transport
• Objective: To implement simplification measures for administrative procedures carried out before the Ministry of Infrastructure, Communications, and Transport.
• Status: 2025-10-16 –Published in the Diario Oficial de la Federación (Official Gazette)
