An impact on employment is inevitable with tariffs: specialists

For now, the trade agreement between the three countries (Mexico - the United States - Canada) has not been terminated; this does not guarantee that the revision of the trade agreement will take place.

Note published on March 4, 2025 in eleconomista.com.mx section Companies, by María del Pilar Martínez.

Share:

67b4028e9ce76

27% of the USMCA is in the automotive industry; therefore, what the President of the United States seeks is to repatriate the factories and that is where we have the greatest risk; we have even heard statements made by Nissan and Ford about stopping investment in Mexico in order to avoid the 25% tariff, experts said, at the  “2025, a year of risks and opportunities in labor matters” forum, organized by the De la Vega & Martínez Rojas Firm.

In his presentation, Carlos Elizondo, professor at the Tecnológico de Monterrey, stated that, in terms of employment, 2025 poses significant challenges, as a deceleration is taking place and it will be affected by the imposition of tariffs; “there will be perhaps between 220,000 and 420,000 jobs in the entire Mexican economy”, it is clear that adjustments will be downward, he pointed out.

Artículos relacionados

Lawyer in the spotlight

Image and Being a Lawyer: How Much Does It Matter?

When we think of a lawyer, we typically imagine someone wearing a suit, with a tie and jacket always, short hair for men or formal hairstyles for women. However, this perception has evolved in many ways. Nowadays, lawyers don’t always adhere to this dress code,

Lawyer in the spotlight

IOM and the Formal Labor Integration of Migrants in Mexico

In a world marked by the constant movement of people in search of better opportunities, Mexico has emerged not only as a transit country but also as a destination for thousands of people on the move. Between 2000 and 2020, the international immigrant population increased