The Mexican Business Confederation (Coparmex) warned that the proposed import tariff increases by President Claudia Sheinbaum could generate inflationary pressures and affect Mexican families' purchasing power. The organization recognized the government's efforts to strengthen the national industry but insisted that decisions must involve productive sectors. An abrupt application could disrupt supply chains and cause shortages, harming the most vulnerable.
The Mexican Business Confederation (Coparmex) issued a statement recognizing the importance of strengthening the national industry and the federal government's efforts to boost internal production. However, it warned that the proposed import tariff increases could pressure inflation and directly erode families' purchasing power. "Any decision in this matter must be taken with the participation of the productive sectors," the business organization emphasized.
Coparmex alerted that an abrupt implementation would generate disruptions in supply chains, shortages, and an inflationary impact that would harm "those who have the least." The Mexican industry still lacks sufficient infrastructure to immediately substitute imported goods, affecting sectors such as footwear, appliances, school supplies, toys, and household utensils. These products could become significantly more expensive if the increases are applied without proper transition, as they raise input costs without adjusting those of finished products.
The organization noted that the proposed tariffs would rise from 0% to up to 35%, creating a severe impact in sectors highly dependent on imports. This could produce distortions that reduce the competitiveness of Mexican companies and affect internal market stability. Additionally, the imposition of compensatory quotas or minimum import prices, combined with administrative burdens, would act as a barrier to formal trade.
Coparmex insisted that adjustments must be gradual and compatible with local productive capacity to reinforce integration under the United States-Mexico-Canada Agreement (T-MEC) and the Plan México. Otherwise, Mexico would lose competitiveness in manufacturing chains, countering the goal of attracting investment, generating employment, and gaining market share against Asia and Europe.