Mexico in January 2026: the most important developments in economy
Mexico's economy in January 2026 was dominated by its trade relationship with the United States. On 13 January President Donald Trump called the USMCA trade pact irrelevant. On 29 January Mexico and the United States agreed to begin formal talks on it, and the two countries began a formal review of the pact, which raised questions about Canada's position. General Motors said it plans to invest $1 billion in its Mexican operations despite Trump's comments.
Oil shipments to Cuba became a second point of friction. President Claudia Sheinbaum defended them on 21 January and again on 30 January as the United States threatened tariffs on countries supplying Cuba, but on 28 January she stated that Mexico had paused the shipments. Elsewhere, Mexico issued $9 billion in bonds, and a Mexican court ordered a halt to construction of Royal Caribbean's planned 'Royal Beach Club' in Mahahual, Quintana Roo, citing environmental concerns. Sheinbaum also announced the opening of the new Insurgente Train line.
by WorldBrief & Maksim Micheliov | AI-generated summary
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