Ricardo Martínez, Managing Partner at De La Vega & Martínez Rojas, S.C.

Ricardo Martínez, lawyer at the De la Vega & Martínez Firm, predicted that if tariffs last through the medium term, this would cause the closing of plants, particularly in the automotive sector.

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.

Morena Representative Pedro Haces said that he will propose that Mexico imposes tariffs on China, above all because there is unfair competition “even on the uniforms used in the maquila industry in the North of the country.”