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Mexico pushes to raise regional content in electronics exports as US trade talks continue

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Closeup of technician soldering on a green PCB with visible flux smoke during electronics assembly at a factory workstation
Mexico's Economy Ministry is pushing to raise the country's value-added share in electronics manufacturing, currently around 7%-8%. (Shutterstock)

Mexico is working with the United States and Canada to develop a plan aimed at replacing manufacturing inputs from Asia and other parts of the world with regional content, a high-ranking Mexican official said Wednesday.

Speaking in Mexico City at the American Society of Mexico’s 5th Mexico–United States Binational Convention, Deputy Economy Minister for Foreign Trade Luis Rosendo Gutiérrez said that the goal is to increase regional value added in manufactured products, including electronic goods.

Deputy Economy Minister for Foreign Trade Luis Rosendo Gutiérrez at a May press conference with Economy Minister Marcelo Ebrard in Mexico City.
Deputy Economy Minister for Foreign Trade Luis Rosendo Gutiérrez at a May press conference with Economy Minister Marcelo Ebrard in Mexico City. (Moisés Pablo / Cuartoscuro.com)

Mexico’s export revenue has increased significantly in 2026, in large part due to a sharp increase in the shipment to the United States of AI servers and other computer and electronic equipment. However, much of the content in such products is sourced from Asia, particularly Taiwan.

Gutiérrez said that Mexican value added in electronics sector exports to the United States is around 7% to 8% on average. That figure is well below the 44% of Mexican value added across all “Made in Mexico” exported products, per 2024 data.

According to a report by the news agency EFE, Gutiérrez said that the goal is to increase the Mexican — or at least regional — value added in electronic goods to “20, 30 or 40%, hand in hand with the United States and Canada.”

Gutiérrez said that Mexico, the United States and Canada are seeking to identify what additional inputs — for the electronics industry and other sectors — can viably be produced in North America.

“We’re working with the United States to develop a plan for a gradual transition,” he said.

According to EFE, Gutiérrez framed the initiative as part of Plan México, and said that the goal of reducing the reliance on imports from outside North America was being discussed in ongoing trade talks between Mexico and the United States.

Among the goals of Plan México, an ambitious economic development and industrial policy strategy unveiled by the federal government in early 2025, is to increase the use of domestically made content in products made by the Mexican automotive, aerospace, electronics, semiconductor, pharmaceuticals and chemicals industries.

As part of efforts to protect Mexican industry and ensure its ongoing viability, on Jan. 1 Mexico imposed new and higher tariffs on a wide range of goods from countries with which it doesn’t have free trade agreements. The tariffs apply to goods from China and Taiwan, among other countries, and have led to a reduction in imports across almost 1,500 product categories.

However, there are suspicions that some imports from Vietnam — which more than doubled in the first six months of 2026 — are in fact Chinese goods.

Mexico in Numbers: How much value does Mexico add to its exports?

Gutiérrez: Fourth round of Mexico-US trade talks has been postponed 

After the American Society of Mexico event on Wednesday, Gutiérrez told reporters that a fourth round of trade talks between Mexico and the United States won’t take place next week as planned. The talks could instead be held in October, he said.

Gutiérrez attributed the postponement to scheduling conflicts related to Chinese President Xi Jinping’s visit to the United States and the upcoming G20 Summit, which will be held in Miami in December.

“We agreed with the United States that in the coming weeks we’ll announce when the fourth round [of talks] will be,” he said.

“… We’re working practically every day with the Office of the United States Trade Representative [and] with the Commerce Secretary [Howard Lutnick],” Gutiérrez added.

He said that Mexico is conducting the talks with the U.S. with a “cool head,” as advocated by President Claudia Sheinbaum.

“Our priority is ​reducing Section ​232 tariffs ⁠on steel, aluminum and automobiles,” Gutiérrez said.

The United States imposed duties on Mexican steel, aluminum and vehicles last year. Nevertheless, a large majority of Mexico’s exports continue to enter the United States tariff-free under the USMCA free trade pact.

The ongoing trade-focused dialogue between Mexico and the United States is taking place after the Trump administration announced on July 1 that it had declined to renew the USMCA in its “current form.”

U.S. Trade Representative Jamieson Greer said at the time that the United States would “continue to engage with Mexico and Canada to address the Agreement’s shortcomings and our trade deficits with these countries.”

Despite the U.S. government’s decision not to renew the USMCA for an additional 16 years, the trade pact remains in effect.

Reuters reported that the current Mexico-U.S. “negotiations are seeking an interim bilateral bargain ‌under ⁠which Mexico could win relief from some U.S. tariffs while addressing U.S. demands on areas including automotive content and Chinese investment.”

“… The negotiation agenda has expanded from 54 issues to nearly 90, which ⁠Gutiérrez ​described as the natural evolution ​of complex topics such as digital platform regulation,” the news agency reported.

With reports from EFE, Reuters and La Jornada

MND Local CDMX: Ghosts, zombies, Xolos and Día de Muertos

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An undead actor on Turibux CDMX's after-dark Turibus Terror tours in October and early November.
Mexico City's spooky season, culminating in Halloween and Día de Muertos, is almost upon us, meaning sightings of ghosts and zombies will become increasingly common. (Turibux CDMX)

From spine-chilling ghost stories to costumed zombies, mythical dogs and candlelit concerts, Mexico City comes alive with the spirit of the season each fall. 

This year, the capital offers no shortage of ways to celebrate Halloween and Día de Muertos, whether you’re looking for an immersive journey into the city’s darker legends, a playful parade of the undead, a celebration of the legendary Xoloitzcuintle, or a more atmospheric evening of music. 

Here are four events to put on your calendar this October and early November.

Mexico City’s Turibus turns terrifying 

Eerie after-dark encounters are on tap this October, as Turibus Terror welcomes intrepid travelers for a journey through Mexico City’s haunted history. (Turibux CDMX)

By day, Mexico City’s Turibus is a cheerful crash course in the capital’s most iconic landmarks, neighborhoods and sprawling geography. But once the sun goes down, the familiar red bus will take a decidedly darker turn.

Every Saturday and Sunday evening throughout October — plus Nov. 1 and 2 — Turibus Terror invites brave passengers aboard for a journey into Mexico City’s darkest legends, haunted histories and otherworldly mysteries. From 7 p.m. to 11 p.m., the city becomes a backdrop for an evening of eerie encounters and immersive storytelling.

The circuit weaves together some of the capital’s most chilling lore with guided visits to Posada del Sol, Casa Negra, Fidel Mansion and the Land of the Goblins House. Along the way, live actors and immersive experiences blur the line between sightseeing and something more sinister.

As Turibus puts it: “The best legends are the ones that make you feel part of the story.”

Dates: 7 p.m. — 11 p.m. every Saturday and Sunday in October, plus Nov. 1 and 2.

Location: Tours depart from the Turibus stop at the Ángel de la Independencia.

Cost: 799 pesos, including the tour and a hamburger and French fries dinner. For more information and to purchase tickets, visit Turibus’ website.  

Join the 19th annual CDMX Zombie March

The Zombie March is real, and really scary, as the undead descend on the capital’s landmark Monumento a la Revolución. (Marcha Zombie México/Facebook)

If Turibus Terror doesn’t sound immersive enough, perhaps Mexico City’s 19th annual Zombie March is more up your fog-filled alley.

Beginning at 10 a.m. on Sunday, Oct. 18, the city’s undead — and those willing to join them — will descend on the Monumento a la Revolución. Expect a spectacle of playfully gruesome costumes, from classic zombies and fungus monsters to creature-feature icons, half-dead sports stars and whatever else emerges from the city’s macabre imagination.

The festivities will build throughout the day with activities including Monstrous Aura Battles and a Horror Runway show, before the main event: at 4 p.m., the horde will stagger, shuffle and lurch its way toward the Zócalo in the Historic Center, roughly a 30-minute march through the city.

Mexico City’s traditional horror houses at kermeses (and why you should never visit them)

This year’s edition comes with an international twist. According to organizers, Marcha Zombie México is launching a new partnership with Spain’s Zombie Walk, presented by the Galician Freaky Film Festival — giving Mexico City’s undead a chance to join forces with their European counterparts.

Date: Sunday, Oct. 18. Gathering begins at 10 a.m.; the march kicks off at 4 p.m.

Location: Monumento a la Revolución (Pl. de la República s/n, Tabacalera, Cuauhtémoc, 06030 Ciudad de México, CDMX)

Cost: The event is free, but participants are encouraged to bring a 1-kilo donation of rice, beans, or non-perishable food for Alimento Para Todos. For more information, visit the official Marcha Zombie México Facebook page.

A dog’s Day of the Dead

Xoloitzcuintle
Long revered as a guide and companion for the dead in the afterlife, the Xoloitzcuintle Dog Festival celebrates one of Mexico’s most iconic breeds. (HotDOG/AKC)

Some of us would rather spend the afterlife with dogs than humans. Enter Mexico City’s first annual Xoloitzcuintle Dog Festival, a nearly week-long celebration of one of Mexico’s most distinctive and mythologically fascinating animals.

Organized by the capital’s Secretariat for Indigenous Peoples, Neighborhoods and Resident Indigenous Communities (SEPI), with support from local institutions and museums, the festival will take over Mexico City’s Historic Center and feature a program exploring the “Xolo” through history, science, music and art. The full lineup is still under wraps, but the theme is already hard to resist.

The Xoloitzcuintle — or Xolo, for short — is Mexico’s iconic hairless dog, a breed whose history stretches back centuries. In pre-Hispanic Mexico, Xolos were revered as companions and guides for the dead, believed to accompany their human counterparts on the journey into the afterlife.

The connection is more than legend. According to Raúl Valadez Azúa, a researcher at UNAM’s Paleozoology Laboratory, the earliest references to xolos date to the 7th century AD, when they were associated with funerary contexts and served as guardians of sacred spaces.

Simply put, if you’re looking for the perfect Día de Muertos companion, this particular dog has been preparing for the job for a very, very long time.

Dates: Oct. 26 — Nov. 1, with an inaugural event at 5 p.m. on Oct. 27

Location: Mexico City’s Historic Center

Cost: Additional details will be released via SEPI’s official Instagram and Facebook accounts.

Drew Pittock serves as Mexico News Daily’s features director. He is based in Mexico City. Have an idea for a feature story or unique event in CDMX? Send an email to drew.pittock@mexiconewsdaily.com.

Lego to invest US $400M in Nuevo León: Thursday’s mañanera recapped

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President Sheinbaum at her September 24 mañanera press conference
Thursday press conference featured a major investment announcement for Nuevo León and new questions about the legitimacy of last week's record-breaking fuel smuggling bust in Guanajuato. (Presidencia)

Sheinbaum’s mañanera in 60 seconds

  • 🧱 Lego to invest US $400 million in Nuevo León: Economy Minister Marcelo Ebrard announced that Lego will invest $400 million in Nuevo León between now and 2029, creating 1,300 “new, well-paid jobs.” Lego’s head of manufacturing in the Americas, Nancy Sánchez Moya, said the money will fund a new packing facility and an automated warehouse, calling it “the next chapter” of the company’s growth story in the state.

  • ⛽ Sheinbaum pressed on Guanajuato fuel seizure: A reporter asked whether the 59 million liters of fuel seized at a Guanajuato storage terminal last week was in fact huachicol (stolen or contraband fuel) amid speculation that it was not. Sheinbaum said the Attorney General’s Office is still reviewing the case and will report back in due course.

Why today’s mañanera matters

The announcement of a significant investment by Lego in the northern border state of Nuevo León gave added weight to President Sheinbaum’s Thursday morning press conference.

The Danish toy manufacturer has operated a plant in Monterrey for almost 20 years, investing heavily in the facility over that period. Today’s announcement reaffirmed the company’s strong commitment to Nuevo León, an industrial powerhouse.

Lego MTY
Lego has announced plans to expand its facilities in the northern state of Nuevo León, which is home to the Danish company’s largest factory. (Lego)

Also of note at today’s mañanera was Sheinbaum’s response to speculation that a huge quantity of fuel seized by authorities at a storage facility in Guanajuato last week was not in fact stolen or illegally brought into the country.

Citing sources in the Federal Attorney General’s Office, La Jornada newspaper reported on Wednesday that the fuel seized is not “huachicol fiscal.“

Huachicol fiscal refers to fuel that was passed off as a different product when brought into the country in order to avoid the IEPS excise tax on fuel.

Lego to invest US $400 million in Nuevo León  

Economy Minister Marcelo Ebrard announced that Lego will invest US $400 million in Nuevo León, a state where the Danish company has its largest plant in the world.

He said that the investment, to be made between this year and 2029, will generate 1,300 “new, well-paid jobs.”

Ebrard also said that Lego’s investment “will allow the revival, the expansion, of the toy industry in Mexico and also of the petrochemical industry that is linked to all this.”

“… In order to make Lego, polymers, solvents and pigments are needed, [as well as] sometimes silicon, adhesives and many kinds of plastic,” he said.

Nancy Sánchez Moya, Lego’s head of manufacturing in the Americas, said that the $400 million investment will be used to fund a new packing facility and an “automated, high-capacity warehouse.”

She said that the investment will allow Lego to “strengthen” its production and logistics chains, “supporting the growth we have in our business.”

Sánchez spoke positively about Lego’s experience in Nuevo León, where the company has operated since 2008.

Sheinbaum looks at a slide showing job creation projections for the new Lego facilities in Nuevo León, during her September 24 mañanera press conference.
The new Lego facilities in Nuevo León are expected to generate 1,300 new jobs. (Presidencia)

Over a period of almost two decades, Lego has “found qualified talent, solid logistics infrastructure and a world-class manufacturing ecosystem” in Nuevo León, she said.

Sánchez also said that “what we’re announcing today is not an isolated project.”

“It’s the next chapter of a story of growth for Lego Group that we’ve built in Nuevo León,” she said.

“It reaffirms the confidence we have in Mexico and in Nuevo León, but especially in the talent we’ve found [here] to continue growing every day,” Sánchez said.

Was the fuel seized in Guanajuato last week actually stolen?

A reporter put it to the president that it “now appears” that the 59 million liters of fuel seized at a storage terminal in Guanajuato last week was not in fact huachicol. The reporter noted that the Federal Attorney General’s Office (FGR) delegate in Guanajuato was dismissed after the seizure of the fuel.

The Reforma newspaper reported on Thursday that “the false, ‘historic’ confiscation of huachicol in San José de Iturbide” had claimed its “first victim” — FGR delegate Juan Francisco Vera. Reforma also reported that the “illegality” of the seized fuel has not been confirmed.

59 million liters of stolen fuel seized in Guanajuato state, the largest such bust in Mexican history

In a separate report on Thursday, the news outlet Debate wrote that the fuel seizure in Guanajuato was “initially presented as a historic blow to huachicol,” but added that the bust was soon questioned due to a lack of evidence about the alleged illegality of the “confiscated product.”

According to La Jornada newspaper, the original search warrant was for the facilities of Gas del Noreste, an unregistered company. However, the search was carried out at the facilities of Gas Natural del Noroeste, a national gas distributor owned by Grupo Simsa.

For its part, the company Gas Natural del Noroeste said last week that “the operation of the storage terminal is entirely lawful and verifiable.”

The aforesaid reporter asked the president what the federal Security Cabinet had told her about the “alleged huachicol” that was seized in Guanajuato.

“I understand they’re still working on the permits that this company had or has,” Sheinbaum said, referring to Gas Natural del Noroeste and an FGR investigation into the operation of the storage terminal.

“The Attorney General’s Office will have to report in due course,” she said.

“I asked the attorney general [about the case] and she told me they’re still reviewing the permits and that they’ll report in due course,” Sheinbaum said.

She said that it can’t be determined whether the seized fuel was huachicol or not until the FGR completes its investigation.

By Mexico News Daily chief staff writer Peter Davies (peter.davies@mexiconewsdaily.com)

From jungle to oak forest: Hiking above Lake Chapala

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Hikers enjoy the view of Lake Chapala from the glider launch point
Hikers enjoy the view of Lake Chapala from the glider launch point on the El Chante trail. (John Pint)

Nature lovers who live on the shores of Lake Chapala are lucky indeed. All they have to do is step outside their door and start walking uphill. Within minutes, they will enter a network of around 100 kilometers (62 miles) of trails leading to scenic ridges and peaks. They truly live in a hiker’s paradise!

For an introduction to these trails, I recommend connecting with one of the already established hiking groups in the area. You can easily find them by contacting the Lake Chapala Society.

Oak forest along the Caracol Trail near Lake Chapala
The Caracol Trail leads to this stark oak forest. (John Pint)

The Caracol Trail: From Africa to Canada?

One of the most fascinating lakeside hikes is to La Mesa del Ocote, the Mesa of the Old Pine Tree. The trail leading up to it is called Sendero El Caracol, the Snail Trail, because it includes a stretch of tight, continuous switchbacks that mimic the spiral of a snail’s shell, resulting in an altitude gain of 625 meters (2,050 feet).

The trailhead is located 3.3 kilometers (2 miles) north of the Chapala campus of the Tecnológico Superior de Jalisco.

The hike begins in a kind of jungle that practically swallows the narrow path you are following. On all sides, you hear birdsong as you brush past wild sage and maidenhair ferns. The trees above are thick with lichens, and the rocks below are carpeted with bright green moss.

Meet the pioneers of Lake Chapala’s emerging wine country

‘Cuidado, hombre, you are still in Mexico’

After 3 kilometers (1.8 miles), the Caracol switchbacks begin, and the jungle slowly gives way to rocky outcrops, which then, amazingly, transform into a forest of slender, straight oaks. Underneath them is a seemingly endless carpet of golden leaves, upon which no underbrush is growing. I’ve never seen woods like this elsewhere in Mexico: You are in a forest, but you can see forever in any direction. It’s as if you climbed out of Africa straight into Canada and then, when you are good and confused, you top a ridge and here’s a humongous agave 2 meters (6.5 feet) tall, which says, “Cuidado, hombre, you are still in Mexico.”

At last, you come to El Picacho, the peak, at an altitude of 2,447 meters (8,028 feet), where there is an antenna. From here, you have what some consider the very best view of Lake Chapala and the towns along its northern shore.

It could take you as little as 90 minutes to reach the top, but this timeframe can easily expand to four hours if you stop to take pictures.

The Indigenous Ceremonial Grounds via El Tepalo

sacred tree on the Ceremonial Grounds, hiking from Lake Chapala
The sacred tree on the Ceremonial Grounds, cared for by Indigenous people from Mexico and the U.S. (John Pint)

This 5-kilometer (3-mile) hike begins at the north end of Hermenegildo Galeana Street in Ajijic and heads for a so-called waterfall called El Tepalo, where I keep hoping to glimpse water someday.

Along this trail, you will come upon “tourist trees” (Bursera simaruba), which appear red and peeling like many a tourist. These are commonly called papelillos in Spanish, so named for their smooth, thin, paper-like bark, which peels off in small curly strips.

Here you can also see an amate tree (strangler fig) sitting on a big rock. Amates often start as tiny seeds deposited on a tree branch. Amazingly, they are capable of sending a thin root all the way to the ground. Slowly, they grow around their host, eventually strangling it.

Trekking, Mexico style: ‘I did the Aguascalientes Trail’

Once you are above the waterfall, check out the great view of the lake below you. And, by the way, don’t be surprised if you end up sharing one of these trails with a herd of cows.

La Danza del Sol

Next, you cross a saddle locally known as El Pandito.

And, a mere 1.3 kilometers (0.8 miles) west of El Tepalo, as the blue mockingbird flies, you come to Danza del Sol. One minute you’re on a narrow trail beneath a canopy of creeping vines, and suddenly you step into a wide, flat, grassy meadow that takes your breath away. In the middle of it, there’s a lone tree festooned with long red, white, blue, green and yellow strips of cloth. The tree is surrounded by a very large circle of stones, and nearby, there are two buildings that serve to shelter and feed the many Indigenous people who come here from far and wide. Just outside the circle are two igloo-shaped frameworks made of thin branches. With the help of blankets, these are transformed into temazcales, or sweat lodges.

Huge agave on the Caracol Trail
A huge agave on the Caracol Trail reminds hikers they are not in Africa or Canada, but in Mexico. (John Pint)

Here, for many years, Indigenous groups would gather for a piercing ritual known as La Danza del Sol, immortalized in the 1970 movie “A Man Called Horse.”

From the Ceremonial Grounds, you have a great view of the lake, and then a short, steep trail takes you back to Ajijic.

Trail guide in English

25 great hikes like these are described in the 140-page trail guide published in 2021 by Senderos de México in both Spanish and English versions. The guide has 100 color photos, as well as 26 maps featuring contour lines, estimates of hiking time and levels of difficulty.

Hanging bridge and Spanish moss

Curious about what lies south of Lake Chapala? How about a 350-meter-long (1,150-foot-long) hanging bridge over a deep gorge — or a river full of Montezuma cypresses festooned with more Spanish moss than a Louisiana bayou? You’ll find these and 98 more nearby sites for hiking and camping in the “Outdoors in Western Mexico” books, out of print but still available digitally. Happy trails!

John Pint has lived near Guadalajara, Jalisco, for more than 30 years and is the author of “A Guide to West Mexico’s Guachimontones and Surrounding Area” and co-author of “Outdoors in Western Mexico.” More of his writing can be found on his website.

Mexico posts second-best Q2 growth among G20 nations

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Paseo de la Reforma in Mexico City.
Mexico reminded its fellow G20 members of its position on the world stage by achieving the second-highest second-quarter GDP growth rate in the exclusive club of advanced nations. (Shutterstock)

Mexico recorded the second highest quarter-over-quarter economic growth among G20 countries in the second quarter of 2026, an achievement highlighted by President Claudia Sheinbaum this week.

Mexico’s economy grew 1.4% on a quarter-over-quarter basis between April and June, recovering from a 0.6% sequential contraction in the first quarter of the year.

A graph released Tuesday by the OECD shows the second-quarter GDP growth for each of the G20’s members, with Mexico firmly in second place behind only India. (Gobierno de México)

The only G20 country that recorded higher sequential growth in the second quarter was India, whose economy expanded 1.8%. Indonesia and Turkey were the only other G20 countries that recorded sequential economic growth above 1% in Q2.

Mexico’s quarter-over-quarter growth rate was double the G20 average of 0.7%. The U.S. economy grew 0.4% in the second quarter compared to the previous three months, while Canada’s economy expanded 0.8%.

At her Monday morning press conference, Sheinbaum noted that Mexico outperformed most other G20 countries in economic growth in the second quarter.

“Mexico, 1.4%, second place in economic growth in the second quarter of 2026,” she said.

“And we’re going to do better in the third quarter and the fourth quarter,” Sheinbaum said.

Mexico’s economy grew 1.9% annually in the second quarter of 2026 and 1.2% in the first six months of the year.

Annual growth in 2025 was 0.8%.

OECD lifts its Mexico growth forecast 

The Organization of Economic Co-Operation and Development (OECD) increased its 2026 economic growth forecast for Mexico to 1.5% from a prediction of 0.8% in June. The updated projection is included in the OECD Economic Outlook Interim Report, published on Wednesday.

The OECD said that growth in Mexico is “expected to recover to be 1.5% in 2026 and 1.8% in 2027, helped by the continued strength of tech-related production and the lagged impact of lower policy rates.”

Mexico has recorded strong growth in export revenue this year, in large part due to a sharp increase in the shipment to the United States of AI servers and other computer and electronic equipment. Imports of tech inputs from Taiwan have also surged.

On Wednesday, the OECD also raised its 2026 growth forecasts for the global economy and the U.S. economy. The organization anticipates economic growth of 2.9% for the world as a whole and 2.2% for the United States. The OECD lowered its 2026 growth forecast for Canada’s economy to 0.9% from a previous prediction of 1.2%.

Mexico News Daily 

A bad day for the peso: It depreciates over 1%, passing 17.5 to the dollar

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A 20-Mexican peso bill and a 20-US dollar bill
Some of the factors that contributed to the peso's remarkable rise just a month ago, such as a weakening dollar, have faded, causing the recent peso slump that intensified Wednesday.(Shutterstock)

The Mexican peso depreciated by more than 1% against the dollar on Wednesday as the market adjusted its expectations in light of stricter U.S. Federal Reserve policies and the Bank of Mexico’s impending monetary policy decision. 

The spot exchange rate reached 17.50 to the dollar Wednesday, a loss of nearly 20 centavos for the Mexican currency, extending a streak of weakness over recent sessions.

US Fed
The Federal Reserve, the U.S. central bank, decides monetary policy for the United States but its decisions affect Mexico, a case in point being its recent raising of U.S. interest rates, which helped start the recent decline of the peso. (Facebook)

The exchange rate stood at 17.50 to the dollar at 3:20 p.m.Wednesday, Mexico City time.

Pressure on the peso comes from the likelihood of further interest rate hikes in the United States, with the market assigning a probability of approximately 54% to another rate increase in October.

The Fed recently raised its benchmark rate by 25 basis points, bringing it to a range of 3.75% to 4.00%. Markets have interpreted comments from Fed officials as a signal that the fight against inflation will continue to require tight financial conditions.

“Following last week’s interest rate hike, Fed officials have maintained a hawkish tone, reinforcing expectations of up to three additional 25-basis-point hikes through mid-2027,” Felipe Barragán, a market analyst at Pepperstone, told El Economista. 

The exchange rate adjustment takes place ahead of the Bank of Mexico’s (Banxico’s) monetary policy decision on Thursday at 4:00 p.m. local time. Traders expect Banxico to keep its key rate unchanged at 6.50%, signaling what is anticipated to be a considerable period of stability. 

 With Banxico at 6.50% and the Fed at a high of 4.00%, the spread is now around 250 basis points. Another U.S. rate hike, with Mexico remaining unchanged, would once again narrow the interest rate differential between the two countries, making peso-denominated investment less attractive.

Meanwhile, the U.S. currency is also strengthening globally, with the dollar index rising toward 100.7 points, its highest level in approximately eight weeks. A weakened dollar was a major reason for the peso’s earlier strengthening, but those days appear to have ended for now. 

The recent drop in oil prices may help alleviate some global inflationary concerns, but so far, it has not been enough to reverse the strengthening of the dollar.

With reports from XTB

The MND Mexico Well-being Series, Part 1: Health and healthcare

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A nurse wearing an IMSS uniform draws a vaccine
In Mexico, 78% of the country has coverage for core health services, often through public institutions like the hospitals of the Mexican Institute of Social Security (IMSS). (Shutterstock)

THE MND MEXICO WELL-BEING SERIES

A data-driven look at well-being in Mexico 

MND Intelligence · Part I: Health and healthcare


Since the second quarter of 2026, Mexico News Daily has published the MND Sheinbaum Index™ and the MND Economy Index™ on a monthly basis.

The former examines what is happening in Mexico on President Sheinbaum’s watch by assessing the country’s performance across eight key pillars, including security, employment and economic growth.

As its name suggests, the MND Economy Index™ focuses specifically on Mexico’s economic performance across 10 pillars, including inflation, manufacturing health, the investment climate, economic growth and productivity.

In our inaugural MND Sheinbaum Index™ article, we noted that two pillars conspicuously absent from the index were education and healthcare — not because they are unimportant, but because official data for those areas is not published monthly, or even quarterly.

To fill that gap, Mexico News Daily is launching the MND Mexico Well-being Series, which will examine how Mexico is performing across key areas that directly affect people’s lives, including education, healthcare, poverty, happiness and gender equality. We will publish a total of six articles — five that examine a range of data points and a final report that holistically considers how Mexico is doing in the different areas assessed.

In these articles, we will present data that is directly relevant to Mexicans’ well-being and compare Mexico with other countries. We will draw on the most recent internationally comparable data, as well as data from the past decade, to assess what has changed in Mexico during the eight years that the ruling Morena party has been in office.

Improving the well-being of Mexico’s most disadvantaged people is a stated priority of both Morena and President Sheinbaum.

We launch the MND Mexico Well-being series today with an article focused on health and healthcare in Mexico. There are hundreds of relevant indicators, but for this article, we selected eight that we believe are among the most important.

We compare Mexico with other countries that belong to the Organization for Economic Co-operation and Development (OECD) as well as OECD partner and accession countries included in the organization’s internationally comparable datasets. We recognize that many OECD members are wealthier than Mexico and can therefore spend more on healthcare.

However, it is important to note that Mexico is one of the world’s 15 largest economies and is aiming to become the 10th biggest by 2030. An aspiration to become a world-leading country in health and healthcare would be an admirable complementary goal.

As the data below will show, Mexico currently scores poorly across most of these eight measures relative to its OECD peers. That does not necessarily indicate that Mexico’s healthcare system is “worse” than those of wealthier nations. Consider the United States: It spends 17.2% of GDP on healthcare — nearly double the OECD average of 9.3% and more than any other country in the world — yet its life expectancy of 78.4 years is 2.7 years below the OECD average. Its avoidable mortality rate is higher than the OECD average despite that spending. High spending, in other words, does not automatically translate into better outcomes. Instead, the data points to where Mexico has clear room to improve, and gives policymakers, researchers and citizens a shared, measurable framework for tracking whether that improvement happens and how they can contribute.

For practical reasons — and to ensure a more consistent comparison — this analysis is limited to OECD countries, among which are nations that are richer than Mexico in per capita terms, but which have significantly smaller economies. We acknowledge that Mexico’s relative performance on health and healthcare would likely appear more favorable in a comparison with all countries worldwide.

Below you will find a snapshot of health and healthcare in Mexico. In parentheses after each indicator is Mexico’s comparative position among the countries for which comparable OECD data was available, expressed as a decile where the size of the comparison group allows for one.

It is worth remembering that the majority of Mexicans access healthcare through Mexico’s public system rather than the private system. Patients’ experiences in the two systems can vary significantly.

An MND survey conducted earlier this year found that 92.9% of respondents — mainly foreign residents of Mexico — rated the quality of private healthcare they have received in Mexico as “excellent” or “good.” As you’ll see below, a poll conducted by Gallup found a much lower satisfaction rate vis-à-vis healthcare in Mexico.

As always, we are interested in hearing about your views on health and healthcare in Mexico. Please comment below.

For now, though, let’s get into the data.

LIFE EXPECTANCY AT BIRTH (bottom decile)

According to the OECD’s “Health at a Glance 2025” report, life expectancy at birth in Mexico was 75.5 years in 2024.

That was 5.6 years below the OECD average of 81.1 years.

Among the 49 countries included in “Health at a Glance 2025”, Mexico ranked 46th — one place below Latvia and one above India. It therefore ranked in the bottom decile of the countries assessed.

Has Mexico improved on this indicator over the past decade?

According to the OECD’s “Health at a Glance 2017” report, life expectancy at birth in Mexico was 75 years in 2015. Therefore, life expectancy increased by just six months over the ensuing nine years.

In 2015, Mexico’s life expectancy was also 5.6 years below the OECD average, then 80.6 years. The gap was therefore unchanged by 2024.

Among the 44 countries included in “Health at a Glance 2017,” Mexico ranked 36th — one place below Hungary and one above Brazil. It was therefore in the second-lowest decile of the countries assessed.

MORTALITY FROM AVOIDABLE CAUSES (second-lowest decile)

According to the OECD, “Indicators of avoidable mortality offer a general ‘starting point’ to assess the effectiveness of public health and healthcare systems in reducing deaths from various diseases and injuries.”

“Avoidable mortality includes deaths from preventable causes that can be avoided through effective public health measures and primary prevention interventions, and treatable deaths that are amenable to policy action through timely and effective healthcare interventions,” the OECD says.

Among “avoidable” causes of death are tobacco-related cancers and cardiovascular conditions as well as diabetes, which is highly prevalent in Mexico.

In 2023, Mexico’s mortality rate from avoidable causes was 418 deaths per 100,000 people, according to the OECD.

That was almost double the OECD average of 222 deaths per 100,000 people.

Among the 44 countries included in “Health at a Glance 2025,” Mexico ranked 40th — fifth worst — on this measure, placing it in the second-lowest decile of the countries assessed.

Mexico’s avoidable mortality rate was made up of a preventable mortality rate of 243 deaths per 100,000 people and a treatable mortality rate of 175 deaths per 100,000 people.

Has Mexico improved on this indicator over the past decade?

No. Mexico’s preventable and treatable mortality rates both increased between 2013 and 2023.

The preventable mortality rate rose by approximately 10% during the period, while the treatable mortality rate increased by about 15%.

OBESITY RATE (second highest rate) 

According to data in the OECD’s “Health at a Glance 2025“ report, 36% of Mexico’s population aged 15 and over is obese. A broadly similar share is overweight but not obese, pushing Mexico’s combined overweight-and-obesity rate above 70%.

The OECD average obesity rate is 10 percentage points lower, at 26%.

Among the 14 countries for which measured data was included in the OECD report, Mexico had the second-highest obesity rate. Only the United States had a higher rate, at 41%. Mexico’s rate was more than seven times that of Japan, which recorded the lowest rate, at 5%.

Has Mexico improved on this indicator over the past decade?

No.

In 2015, Mexico’s obesity rate was 33.3%, almost three percentage points lower than it is today. However, the overweight rate was higher, at 39.2% in 2015. Mexico’s combined overweight-and-obesity rate has therefore remained broadly stable over the past decade.

In 2015, Mexico also had the second highest obesity rate among OECD countries, lower only than the United States.

POPULATION COVERAGE FOR HEALTHCARE (bottom decile)

healthcare population coverage - pie charts showing mexico vs other oecd countries

 

Mexico’s population coverage for what the OECD calls a “core set of health services” was 78% in 2023.

The OECD average was 20 points higher at 98%.

Among 40 countries included in the “Health at a Glance 2025” report, Mexico ranked last on this measure, placing it in the bottom decile.

Has Mexico improved on this indicator over the past decade? 

No.

In 2015, 92.3% of the Mexican population had “total” public health coverage, according to the OECD.

Among 37 countries included in the “Health at a Glance 2017” report, Mexico ranked 33rd on this measure, one spot below Lithuania and one position above Chile.

A 2025 academic paper states that “between 2000 and 2015, Mexico reduced the uninsured population from 55% to 6.2%, largely driven by Seguro Popular (SP) expansion benefiting Indigenous peoples, rural and low-income households in high-deprivation states.

Seguro Popular was a universal healthcare program that was established during the 2000-2006 presidency of Vicente Fox.

The aforesaid academic paper says that after “SP’s dismantling in 2019, the launch of Health Institute for Welfare (INSABI), and the COVID-19 pandemic, uninsured rates rose sharply to 29.1% by 2023.”

HEALTH EXPENDITURE AS A PERCENTAGE OF GDP (second lowest decile)

In 2024, Mexico’s public and private sector health expenditure as a percentage of its gross domestic product was 5.9%, according to the OECD.

The OECD average was 3.4 percentage points higher at 9.3% of GDP

Among 49 countries included in the “Health at a Glance 2025” report, Mexico ranked 42nd on this measure, placing it in the second lowest decile.

Has Mexico improved on this indicator over the past decade? 

Yes and no.

In 2016, Mexico’s health expenditure as a percentage of its GDP was 5.8%. Thus, health spending as a proportion of GDP increased 0.1 percentage points between 2016 and 2024.

There was a difference of 3.2 percentage points between the OECD average (9% of GDP) and Mexico’s health expenditure in 2016, slightly lower than the gap in 2024.

Among 44 countries included in the “Health at a Glance 2017” report, Mexico ranked 38th on this measure, placing it in the second lowest decile.

HEALTH EXPENDITURE PER CAPITA (second lowest decile)

healthcare spending per person in mexico

Health spending per capita in Mexico — including government spending and individual spending — was US $1,588 in 2024, according to the OECD.

The OECD average was 275% higher at $5,967.

Among 49 countries included in the “Health at a Glance 2025” report, Mexico ranked 43rd on this measure, placing it in the second lowest decile.

Has Mexico improved on this indicator over the past decade? 

Yes and no.

According to the OECD, health expenditure per capita grew 1.6% annually in real terms between 2014 and 2018 and 2.1% annually in real terms between 2019 and 2024. The latter period, during which the annual growth rate was 0.5 percentage points higher, corresponds to the six-year term of former President Andrés Manuel López Obrador.

In 2016, health spending per capita in Mexico was US $1,080, according to the OECD.

The OECD average that year was 271% higher at $4,003. Thus, the difference between per capita health spending in Mexico and the OECD average was slightly lower in 2016 than in 2024.

In 2016, Mexico ranked 39th out of 44 countries assessed by the OECD, placing it in the second lowest decile.

HOSPITAL BEDS PER 1,000 PEOPLE (bottom decile)

In 2023, Mexico had just one hospital bed per 1,000 people, according to the OECD.

The OECD average was significantly higher at 4.2 beds per 1,000 people.

Among 44 countries included in the “Health at a Glance 2025” report, Mexico ranked last, placing it in the bottom decile.

hospital beds available per 1,000 people in mexico - chart

Has Mexico improved on this indicator over the past decade? 

No, but it has worsened either.

The number of beds per 1,000 people in Mexico in 2023 was unchanged from a decade earlier, according to the OECD.

The federal government is aiming to increase the number of public hospital beds in Mexico by 9,139 during its six-year term (October 2024 to September 2030), but in a country of some 130 million people, the achievement of that goal would not significantly change the national ratio.

SATISFACTION WITH AVAILABILITY OF QUALITY HEALTHCARE (third lowest decile)

The results of a 2023 Gallup World Poll included in the OECD’s “Health at a Glance 2025” report show that 56% of Mexicans are satisfied with the availability of quality healthcare in the area where they live.

The OECD average was eight points higher at 64%.

Among the 38 countries included in the OECD report, Mexico ranked 27th, placing it in the third lowest decile.

Has Mexico improved on this indicator over the past decade? 

Yes, but only marginally.

The percentage of Mexicans who were satisfied with the availability of quality healthcare in the area where they live was 55% in 2014.

The overall picture

Mexico’s health and healthcare performance compares poorly with that of the other countries assessed across the eight indicators examined in this article. Life expectancy is 5.6 years below the OECD average, while Mexico’s rate of mortality from avoidable causes is almost twice as high.

The country also has one of the OECD’s highest obesity rates, the lowest coverage for a core set of health services and the fewest hospital beds per capita among the countries assessed. Health spending — both as a share of gross domestic product and per person — remains far below the OECD average.

The results point to weaknesses in both public health and the healthcare system itself. High obesity and avoidable mortality underline the need for more effective prevention, while low healthcare coverage, limited spending and scarce hospital capacity indicate continuing problems with access to and delivery of care. The federal government is aiming to address these issues through a range of initiatives (see below).

The longer-term picture is also troubling. Over roughly the past decade, Mexico has made little progress in closing gaps with the OECD average: life expectancy has increased by only six months, health coverage has declined, hospital-bed availability has not improved and both preventable and treatable mortality rates have risen. Satisfaction with the availability of quality care has increased only marginally.

It should be noted that significant changes in health outcomes and major improvements to a national healthcare system do not typically happen at lightning speed, but rather over a period of decades. Even though Morena has been in office at the federal level for eight years, it may still be too soon to fairly assess its health and healthcare record. Current health and healthcare shortcomings are the product of a large range of factors, as well as changing circumstances and policy choices over a long period of time.

One example of how circumstances have changed is the implementation of the North American Free Trade Agreement in 1994, which contributed to a reshaping of the Mexican diet.

FURTHER READING:

Mexico News Daily 

Mexico’s population surpasses 130 million even as fertility rate falls

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Families and tourists explore Mexico City's Bosque de Chapultepec. (Graciela López / Cuartoscuro.com)

Mexico’s population was just over 130.9 million in late 2025, an increase of almost 4% compared to five years earlier, according to the National Institute of Statistics and Geography (INEGI).

The estimated population figure is among the findings of INEGI’s 2025 Intercensal Survey, conducted last October and November at more than 7.3 million homes across Mexico.

Among the other key findings of the survey — whose results were published on Tuesday — are that Mexico’s population growth has slowed, the median age of the population has risen and the fertility rate has declined.

Mexico’s population approaches 131 million 

INEGI reported that Mexico’s population was 130,911,314 (130.91 million) in late 2025.

That figure represents an increase of 3.9% compared to the 126.01 million people counted when INEGI conducted Mexico’s most recent census in 2020.

Of Mexico’s 130.9 million people, 51.9% are female and 48.1% are male.

Just 0.9% of Mexico’s population was born in a foreign country, according to INEGI. Of the 1.17 million residents born outside Mexico, 57.1% — 668,658 people — were born in the United States, INEGI said.

The next largest cohorts of foreign-born residents are natives of Venezuela, Cuba and Guatemala.

Annual population growth falls below 1% 

INEGI reported that the number of people who live in private dwellings in Mexico — around 99.6% of the population — increased by an average of 0.7% per year between the 2020 Census and the 2025 Intercensal Survey.

Average annual population growth in the 2020-25 period was 0.3 percentage points lower than the average yearly growth recorded between 2015 and 2020.

Mexico’s median age rises above 30 

INEGI reported that Mexico’s median age was 32 in 2025, up from 29 in 2020.

In other words, half of Mexico’s population is 32 or younger and the other half is 33 or older.

Mexico’s median age is now 10 years higher than it was in 2000.

INEGI reported that the increase in Mexico’s median age was “accompanied by a relative decline in the younger age groups and a greater share of adults and older adults in the national demographic composition.”

A graph included in INEGI’s survey results report shows that 29.8% of Mexico’s population is aged 19 and below.

Fertility rate declines sharply

INEGI reported that Mexico’s total fertility rate was 1.2 in 2024, down from 1.9 in 2019. Mexico City had the lowest fertility rate in the country at 0.8, while Chiapas had the highest at 1.8.

Mexico’s population will decline in the coming decades if its fertility rate doesn’t rise and immigration doesn’t increase significantly.

According to Our World in Data, the replacement-level fertility rate (the total fertility rate needed to keep the population size stable overtime, without migration) is commonly stated to be 2.1.” 

“But the level can vary based on the sex ratio, child mortality rates, and other factors,” adds the data-focused website. 

At her Wednesday morning press conference, President Claudia Sheinbaum acknowledged that Mexico’s fertility and population growth rates are falling. She noted that many Mexicans are having children (or just one child) later in life or deciding not to have children at all.

Sheinbaum highlighted that the phenomenon is not “exclusive” to Mexico, but rather something that is happening in countries around the world.

The federal Finance Ministry noted in a recent budget document that demographic changes in Mexico could cause the taxpayer base to decline in the coming years at a time when senior pension obligations are higher.

Mexico News Daily 

‘Don Flaco,’ alleged trafficker for the Sinaloa Cartel, captured in Mexico City

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Don Flaco
José Ángel Rivera Zazueta, alias “Don Flaco,” alleged precursor trafficker for the Sinaloa Cartel, is being held pending extradition after his arrest in Mexico City. (Omar García Harfuch / X)

Mexican authorities reported Tuesday the arrest in the Cuauhtémoc borough of Mexico City of José Ángel Rivera Zazueta, alias “Don Flaco,” for drug trafficking.

The operation, supported by information shared between Mexican and U.S. agencies, was carried out by a coordinated effort between the Attorney General’s Office (FGR), through its Criminal Investigation Agency, and the Security Ministry (SSPC).

Rivera Zazueta, born on August 15, 1987, in Culiacán, Sinaloa, was identified by the U.S. Department of Justice as one of the Sinaloa Cartel’s main fentanyl traffickers. Don Flaco has been designated as such by the U.S. Office of Foreign Assets Control (OFAC) since 2023, and the arrest was the result of an ongoing operation. 

The United States and Mexico have extended cooperation and data sharing between their respective law enforcement agencies to tackle criminal organizations operating in both countries. This collaborative work has helped advance operations while respecting the legal procedures governing extradition processes in the two countries. 

Rivera Zazueta is reported to be the coordinator and financier of an organization dedicated to transporting chemical precursors, which are commonly used in the production of synthetic drugs such as fentanyl, MDMA, methamphetamines, 2C-B, and ketamine, from China to Mexico and the United States. 

 The 2023 OFAC statement stated that Rivera Zazueta collaborated directly with the Chinese company Shanghai Fast-Fine Chemicals, previously identified by the agency in 2021, to ship chemical precursors, often with false labels, to drug trafficking organizations in Mexico.

Don Flaco allegedly played a leadership role in the network and was responsible for both logistical coordination and financing of trafficking operations.

The organization operated globally, with activities in the United States, Mexico, South and Central America, Europe, Asia, Africa and Australia, according to information from the U.S. Treasury Department. 

In her 2024 book on the Sinaloa Cartel, the journalist Anabel Hernández alleges that Rivera Zazueta was Ismael “El Mayo” Zambada’s main operative in Mexico City, a position once held by Zambada’s brother, Jesús “Rey” Zambada García. 

Hernández claims that Rivera Zazueta’s principal task was to control the Mexico City International Airport (AICM) for the entry and exit of chemical precursors and narcotics by bribing members of the Mexican Navy, the National Defense Ministry, the National Guard, and customs officials. 

Rivera Zazueta is being held on a provisional arrest warrant for extradition to the United States.

With reports from Infobae

El Jalapeño: Tourists in ‘vacation mode’ not at risk from brain-eating amoeba, Yucatán health officials confirm

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Beach in Cancún filled with tourists
A "brain-eating amoeba" has been discovered on the Yucatán Peninsula, but tourists are not at risk ... at least so long as they remain in "vacation mode." (Andres Medina/Unsplash)

All stories in El Jalapeño are satire and not real news. Check out the original article here.

MÉRIDA, Yucatán — State health officials and regional tourism representatives issued a joint public service announcement today reassuring visitors that while the microscopic organism Naegleria fowleri was recently discovered in an artificial lake on the Yucatán Peninsula, it typically displays a marked preference for higher-order intellectual matter and is therefore unlikely to find much interest in the average tourist in “vacation mode.”

The advisory, released following heightened online anxiety among international travel forums, sought to clarify that the single-celled organism — popularly known as the “brain-eating amoeba” — is extremely selective in its dietary habits. Medical researchers confirmed that after initial contact, the organism typically conducts a brief structural assessment, retreating if there is insufficient intellectual sustenance.

Plaza La Isla
Mérida’s Plaza La Isla was recently confirmed to contain Naegleria fowleri, or “brain-eating amoeba.” (Inmobiliaria Mendicuti)

“We want to assure our valued international guests that our local beaches, hotel pools and cenotes remain exceptionally safe,” said Dr. Alejandro Mendez, lead epidemiologist for the regional public health board. “The biological reality is that Naegleria fowleri requires a specific threshold of complex neural activity to sustain its lifecycle. Our comprehensive sampling indicates that individuals who spend their time debating whether to order a third frozen margarita do not meet the microorganism’s baseline nutritional criteria.”

The tourism board echoed these findings, noting that regional swim spots have seen zero incidents among visitors whose primary brain activity consists of calculating tip conversions or worrying about sunscreen application. Officials stressed that the water conditions are monitored daily, with safety ratings adjusted according to the collective academic output of swimmers present at any given time.

Hotel operators across Mérida and Tulum have already updated their guest welcome packets to include the new health guidelines, advising visitors to leave heavy philosophical literature on the beach and to engage exclusively in casual, low-effort small talk while submerged in natural springs.

“Our goal has always been total relaxation for our guests,” said resort manager Sofia Morales. “Now we can scientifically prove that turning off your brain at the pool bar is not just a leisure choice — it is a vital safety precaution.”

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