Mexico and the United States highlighted on Wednesday the need to boost the integration into semiconductors to be more “efficient” and “bring manufacturing back home” before the growing competition of Asia, in the midst of global commercial tensions unleashed by the return to the White House of the president, Donald Trump.
“We also have to do our task internally to be more competitive than Asia, not only because of the tariff issue, not only because of the geostrategic issue, but also because we generate the conditions to be more efficient in this chain,” said the Undersecretary of Industry and Commerce at the headquarters of the Secretariat of Economy of Mexico, Vidal Llerenas.
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This was indicated by the official during the inauguration of the fifth chapter of the Mexico-United States Semiconductor Industry Forum, organized by the National Chamber of the Electronic Telecommunications and Information Technology Industry (Canieti).
“We want to participate in this regional process of being part of these strategic chains that want to be in North America. The Mexico Plan and the fact of Mexico is to buy more things to Mexico and Mexico includes the United States and Canada (members of the TMEC Commercial Agreement),” he said about the programs promoted by President Claudia Sheinbaum to strengthen the national industry.
For his part, the business manager of the US Embassy, Mark Johnson, remarked that Washington seeks to “bring manufacturing back home” for which he needs “Mexico to play a key role in that process.”
Johnson also warned that his country “will not tolerate the dependence of countries like China for critical technology,” such as semiconductors.
In this sense, the US official applauded the Mexican government’s proposal to analyze a rise to the countries with which Mexico does not have a commercial agreement, including the Asian giant.
Two weeks ago, the Mexican Secretary of Economy, Marcelo Ebrard, pointed out that Congress will discuss a package of tariff increases of up to 50 % to various imported products, mainly from Asia, including China’s electric vehicles.
The decree will be discussed soon the Congress, as part of the economic package and, if approved before the deadline of November 15, would enter into force as of 2026.
With EFE information
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