Mexico anticipates a complex 2026 due to tariffs and T-MEC review

Mexico is outlining a 2026 with significant economic challenges due to tariff uncertainty and the revision of the Free Trade Agreement with the United States and Canada (USMCA), which will be a focus of volatility in the new year, according to specialists.

Analysts point out that the Mexican economy enters the year with signs of weakness in investment and industrial production, and with caution from both companies and consumers. Although variables such as inflation, the exchange rate and the interest rate remain favorable, their impact on consumption and economic activity still does not show a clear rebound.

The first semester of 2026 will be marked by the expectation surrounding the review of the USMCA, in a context of possible tariff pressures from the United States as a negotiation tool.