President Claudia Sheinbaum announces actions to strengthen the national industry and the well-being of Mexican families / @Claudiashein @GobiernoMX >>>

#GobiernoDeMéxico.- The Mexican government, through the Ministries of Economy, Energy, and Finance and Public Credit, presented measures to strengthen the steel and textile industries, establishing reference prices, and a strategy to boost economic growth and employment, increasing domestic content in the production of inputs and materials in investment projects of the Federal Electricity Commission (CFE), as part of Plan Mexico.

President Claudia Sheinbaum Pardo emphasized that these measures were discussed with the country’s various productive sectors to strengthen Plan Mexico, which aims to boost domestic production and guarantee the well-being of Mexicans.

“The entire Cabinet, and particularly the Economic Cabinet, is constantly working to strengthen the national economy and ensure that there is more than just growth, because GDP growth is a variable. We are interested in variables that have to do with the well-being of Mexicans. Sometimes it’s not just growth, sometimes it’s not even reflected in growth, but rather a better living conditions and quality of life for Mexicans, and particularly the growth of well-paid employment,” he stated during the morning press conference, “Las mañaneras del pueblo” (The People’s Morning Press Conference).

Secretary of Economy Marcelo Ebrard Casaubon explained that, in the steel industry, 1,062 steel mills were canceled and removed from the Registry for Importers of Steel Products due to inconsistencies and irregularities. This will prevent marketers from using false registrations to import steel; it will reduce tariff evasion and triangulation; The goal is to ensure that steel entering Mexico meets all legal requirements to guarantee fair trade for domestic producers and increase competitiveness.

In the textile industry, she recalled that, starting December 19, 2024, a 35 percent tariff was imposed on 138 apparel-related items and a 15 percent tariff on 17 textile items from countries with which there is no trade agreement. As a result, the value of imports of these products decreased by 12 percent during the first two months of 2025. Furthermore, eight companies that illegally used the Manufacturing, Maquiladora, and Export Services Industry Program (IMMEX) to simulate manufacturing and export processes were terminated, accumulating imports totaling 24 billion pesos. In this context, at the President’s direction, the Mexican government will meet with producers in Mexico and companies requesting textiles from the country on May 14. To date, there are 200 registered companies and agreements totaling 38 million dollars (mdd).

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