The Latin American country that challenges the United States and aims to be a world power despite Trump’s threats

In direct defiance of the warnings of the next American president, donald trumpthe Mexican president Claudia Sheinbaum launched the ambitious ‘Plan Mexico’. This project seeks to transform the Mexican economy in one of the ten most important in the worlddespite the measures announced by the Trump administration.

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Victor Hugo Alvarado

Trump’s threats and Mexico’s response

donald trump has made clear its intention to impose 25% tariffs on products from Mexico If the country does not take measures to stop the migration and the drug trafficespecially fentanyl. Faced with this panorama, Sheinbaum urged the Mexican population to remain united and confident in the development plan that your government has designed.

“We want every Mexican to know that we have a solid plan to face any eventuality in the near future,” said Sheinbaum during the presentation of the project in the country’s capital.

The pillars of Plan Mexico

The strategy presented includes ambitious goals that seek consolidate Mexico as a global economic power. Among the main objectives are:

• Increase national investment to a level greater than 25% of the Gross Domestic Product (GDP).

• Elevate Mexico from 12th to 10th place in the ranking of the largest economies in the world.

• Generate more than 1.5 million new jobs in strategic and highly specialized sectors.

To achieve these goals, the plan contemplates attract investments valued at 277 billion dollarsdistributed in approximately 2,000 already identified projects. However, Sheinbaum did not specify which companies or industries will participate in this economic transformation.

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Mexico: Sheinbaum is committed to strengthening the national industry

Another key goal is increase by 15% the participation of Mexican components in global production chains. This includes sectors such as automotive, aerospace, electronics, pharmaceutical and chemical. Likewise, it is intended that half of consumer goods and government purchases be nationally manufactured.

The program also focuses on:

• Promote the comprehensive development of vaccines in the country.

• Train 150,000 professionals and specialized technicians annually.

• Provide financing to 30% of small and medium-sized enterprises (SMEs).

• Turn Mexico into one of the five most popular tourist destinations in the world.

Trade relations and the role of the T-MEC

Despite the tensions with the United States, Sheinbaum trust in the strength of Treaty between Mexico, the United States and Canada (T-MEC). This trade agreement has generated a bilateral exchange that reached $776 billion during the first 11 months of 2024, positioning Mexico as the main trading partner of the United States.

“The USMCA has proven to be one of the most successful treaties in history, benefiting all three nations,” declared the president.

Regional strategy towards Asia

The Secretary of the Treasury, Rogelio Ramirez de la O, pointed out that since 2021 he proposed to Washington to replace 10% of imports from China with products manufactured in North America. This measure could increase the Mexican GDP by 1.2%, the US GDP by 0.8% and the Canadian GDP by 0.2%.

Although Asian imports into Mexico totaled more than $210 billion in 2024Sheinbaum emphasized the need to strengthen the regional market and expand it at the continental level. “Our vision is to turn America into the region with the greatest development potential in the world,” he concluded.

‘Plan Mexico’ represents a clear statement of intent: to overcome the challenges imposed by its northern neighbor and position Mexico as a key player in the global economy.