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Weekly Report - 23.01.26

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January 23nd, 2026

HotTopics

DAVOS SPOTLIGHTS TRUMP, GEOPOLITICS AND TRADETENSIONS

The World Economic Forum in Davos was dominated by the participation of U S President Donald Trump, whose remarks set the tone amid heightened geopolitical uncertainty Trump drew attention by stating he sought negotiations to acquire Greenland without using force, in contrast with previous statements he had made Hours later, he signaled a de-escalation, announcing a deal and backing away from a previously announced 10% tariff on several European countries involved in Greenland deployments.

Trade policy remained central to Trump’s message, reaffirming the use of tariffs as a strategic tool, reinforcing uncertainty for allies and global markets. Notably, on Thursday the charter of Trump’s “Board of Peace,” was signed by leaders and representatives of the 24 countries that will join the entity, which was initially linked to the Gaza ceasefire but envisioned as a broader diplomatic mechanism working alongside the United Nations.

In contrast, Canadian Prime Minister Mark Carney delivered a message with direct relevance for the USMCA, as he warned that economic coercion and weaponized trade threaten the global order and called on middle powers to act collectively He reaffirmed Canada’s commitment to its allies and rules-based trade, underscoring the importance of stability and cooperation for North American economic integration.

Source: REUTERS, BBC

SHEINBAUM DEFENDS USMCA AMID US-CANADA TENSIONS

President Claudia Sheinbaum reaffirmed her administration’s commitment to preserving the USMCA, downplaying public disagreements between U S President Donald Trump and Canadian Prime Minister Mark Carney, especially after China and Canada agreed to expand a bilateral trade Sheinbaum emphasized that Mexico will actively work to prevent a breakdown of the treaty and confirmed ongoing diplomatic and technical engagement with Washington. Although Sheinbaum acknowledged she has not recently spoken with Carney, she said efforts are underway to reestablish direct dialogue.

Source: EL FINANCIERO

MEXICO-US SECURITY COOPERATION THROUGH HIGH-PROFILE TRANSFERS

Mexico transferred 37 inmates accused of organized crime to the United States, reinforcing bilateral security cooperation amid renewed pressure from Washington The move was announced by Secretary of Security, Omar García Harfuch, who stressed it was carried out under Mexico’s National Security Law and existing cooperation mechanisms, with assurances that the death penalty will not be sought. This transfer brings the total number of inmates sent to the U S under the current cooperation framework to 92, signaling Mexico’s willingness to intensify joint efforts against transnational crime. Politically, the decision aims to ease bilateral tensions ahead of upcoming security talks, particularly as President Trump renews hardline rhetoric on drug trafficking

Source: EL PAÍS

HotTopics

MEXICO PUSHES LONG-TERM INDUSTRIAL POLICY AT DAVOS

Mexico used its participation at the World Economic Forum in Davos to project policy continuity and long-term planning, with a strong emphasis on industrial development and sustainability. Altagracia Gómez, coordinator of the Advisory Council for Economic, Regional Development and Relocation (CADERR), underscored that the Sheinbaum administration is committed to a long-term industrial policy anchored in publicprivate collaboration. She highlighted infrastructure investment as a central pillar of the Plan México, positioning it as a key tool to attract capital, strengthen competitiveness, and adapt to shifting global supply chains

Gómez emphasized Mexico’s structural advantages, including its leadership in vehicle production, autoparts, medical devices, and its unique role in semiconductor manufacturing within Latin America, and pointed to regulatory simplification and digitalization as mechanisms to accelerate private investment and reduce barriers to entry.

In parallel, Secretary of Environment Alicia Bárcena outlined Mexico’s environmental agenda, signaling that environmental policy will be integrated into Mexico’s broader development and investment strategy rather than treated as a constraint

Source: EL ECONOMISTA

STATES TO LAUNCH INVESTMENT ATTRACTION COMMITTEES

Mexico’s Secretary of Economy is preparing to activate Interinstitutional Investment Attraction committees across all 32 Mexican states, aiming to reduce bureaucratic hurdles and unblock projects requiring multiple government approvals. The initiative will formally begin on February 4th, when President Claudia Sheinbaum swears in the Secretary’s state-level advisory councils.

Each state will establish local investment promotion committees, coordinated with a newly created national investment table that brings together key federal and state authorities involved in permitting processes Officials acknowledged that the current regulatory environment has slowed capital inflows, prompting a broader deregulation and facilitation effort focused on accelerating largescale investment projects

Source: EL ECONOMISTA

MEXICO LEADS LATIN AMERICAN EXPORTS WITH HIGH-TECHMANUFACTURING

Mexico consolidated its position as Latin America’s leading exporter in 2025, accounting for an estimated 44% of the region’s total exports and more than 80% of high-technology exports Total Mexican merchandise exports were projected at USD 604 billion, far surpassing regional peers such as Brazil and Chile, reflecting the country’s strong manufacturing base and integration into global value chains.

Mexico also remained among the world’s top 10 exporters, supported by sustained foreign demand, especially from the United States and Canada.

For Mexico, this leadership underscores both opportunity and risk While high-tech manufacturing and nearshoring trends reinforce its strategic position, the USMCA review, trade tensions, and limited regional diversification could test the sustainability of export-driven growth

Source: MEXICO INDUSTRY

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