Mexican President Claudia Sheinbaum Pardo presented a series of key economic actions this Monday as part of the Mexico Plan, aimed at strengthening domestic industry, creating jobs, and improving the wellbeing of Mexican families. The measures, announced in coordination with the Ministries of Economy, Energy, and Finance, focus on increasing national content in strategic sectors such as steel, textiles, manufacturing, and energy.
Sheinbaum emphasized that the plan’s goal is not merely to achieve GDP growth, but to ensure dignified living conditions through well-paid jobs, local supplier integration, and import substitution. She noted that the Economic Cabinet has been in ongoing dialogue with the productive sector to ensure that public policies align with the country’s real needs.
Economy Secretary Marcelo Ebrard Casaubon reported the cancellation of 1,062 irregular importer registrations in the steel sector to combat tariff evasion and protect national industry. In the textile sector, tariffs of up to 35% were imposed on products from countries without trade agreements, and companies that simulated exports were eliminated. As a result, imports in the sector dropped by 12% in the first two months of 2025. New reference prices were also announced for furniture, toys, guitars, paper, and sporting goods.
Energy Secretary Luz Elena González stated that the goal is to increase national content in CFE power generation projects to 35% by 2030, and up to 60% in transmission and distribution. This policy seeks greater integration of Mexican industry into the national energy supply chain through agreements with technology providers and key industries.
Finance Secretary Edgar Amador Zamora unveiled a strategy to boost economic growth by increasing government purchases by 10% and replacing 10% of manufactured imports. These actions are expected to add 0.7 percentage points to annual GDP growth and create 700,000 new jobs per year, while also strengthening the automotive sector and regional economic integration.
