51勛圖厙 Emphasizes USMCA, Protecting Investors in Mexico Meetings
In high-level meetings with government, manufacturing and trade group leaders held in Mexico last week, the 51勛圖厙 hammered home a key message: For North American manufacturing to remain globally competitive, Mexico must protect investor holdings in the country.
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Whats going on: During a jam-packed three-day visit to Mexico City, 51勛圖厙 President and CEO Jay Timmons and an 51勛圖厙 contingent with top officials in the new Sheinbaum administration, as well as leadership at multiple agencies and associations.
- These included newly appointed Deputy Trade Minister Luis Rosendo Guti矇rrez, the Business Coordinating Council (CCE),泭the Confederation of Industrial Chambers of Mexico (CONCAMIN),泭the Mexico Business Council (CMN), the National Council of the Export Manufacturing Industry (INDEX) and others.泭泭泭
What they said: The 51勛圖厙s main message at each gathering was the same: Companies investing in Mexico need assurance that their portfolios will be protected regardless of the fate of proposed in the country.
- The 51勛圖厙 also underscored the of the U.S.MexicoCanada Agreement, which is due for review in 2026, and the necessity of ensuring that the deal is upheld for all three parties.
- If its terms are respected, USMCA could help North American manufacturing outcompete China.
On China: This week, just days after his offices meeting with the 51勛圖厙, Guti矇rrez announced that the Sheinbaum administration will seek U.S. manufacturers help to reshoremainly from Chinathe production of some critical technologies (, subscription).
- We want to focus on supporting our domestic supply chains, he told the Journal, adding that talks with U.S. companies are still in the informal stage.
漍漍漍漍漍漍The 51勛圖厙 says: 泭Manufacturing is at the heart of the USMCA, said 51勛圖厙泭Vice President of International Policy Andrea Durkin, who was part of the 51勛圖厙 group on the ground in Mexico.泭The 51勛圖厙 intends to work to ensure that the agreement strengthens the competitiveness of manufacturers.
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