That change is the backdrop of the initiative that goes up 10% to 50% tariffs More than 1,463 sectors fractions such as automotive, textile, steel and electronic, with direct impact on Chinese imports, mainly. For the head of the Economic Development and Growth Unit of the Ministry of Economy, the decision is pragmatic: first protect, then adjust.
The measure that is part of the Mexico Plan seeks to protect the industry against unfair competition, take care of jobs, raise more resources and strengthen local productive chains. But there are concerns that it has opposite effects and damage to companies and consumers.
Silva Castañeda acknowledges that politics is not perfect and that some sectors can resent the blow. But he prefers to act to stay motionless. Consulting 5 million companies would be impossible, but corrections will be made if necessary.
“Then, we consult, we develop politics and yes, then we will have a space to change when they arrive, to which we do not consult and tell us, ‘Do you know what? This is more problematic. Expansion.
Silva Castañeda avoids political discourse and speaks of clarity of rules. He is aware that the relationship with China remains an uncertain terrain. “The only thing I can promise is transparency,” he says, explaining that the Mexican government will always inform Chinese companies and authorities what measures to apply.
But the truth is that the future relationship will also depend on tensions between Beijing and Washington. The priority is to take care of the economic relationship with the United States, on which most formal jobs in the country depend. Diversifying is desirable, but it cannot be ignored that the US market is the most profitable for Mexican exports.
Development Poles: The new industrial map
Together with tariffs, the Government promotes development poles for well -being, a program that seeks to detonate activity in areas that were left out of growth. There will not be two equal poles: each one is designed to the extent of their region, with the participation of state governments.
