Thursday, October 9, 2025

MND Deep Dive: Mexico’s transpeninsular train

Can Mexico’s Isthmus of Tehuantepec rail project (CIIT) achieve its dream of becoming a “new Panama Canal” and will the sprawling infrastructure project bring prosperity to impoverished southern Mexico? Will the arrival of commercial giants such as Amazon help develop the states of Oaxaca, Chiapas and Veracruz, or is the scheme doomed to failure?

With foreign investment, rapid development times and an ambitious economic plan all in play, will President Sheinbaum be able to deliver on the promises of her predecessor? Mexico News Daily’s subscriber-exclusive podcast looks at one of the most ambitious development schemes in Mexican history to predict the benefits, pitfalls and future of the CIIT megaproject.

MND Deep Dive: Mexico's transpeninsular train

This podcast was produced using AI tools. All information collected and discussed in this episode was investigated, written and edited by human journalists. Compiled from Mexico News Daily articles by Travis Bembenek, Peter Davies, Andy Altman-Ohr, Gabriela Solis and Cat Rainsford. Edited by Kate Bohné, Chris Havler-Barrett and Caitlin Cooper. Podcast produced by Chris Havler-Barrett. 

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a heavy-duty truck going down the highway

Trump expands 25% truck tariff to include medium-duty vehicles, moves date to Nov. 1

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The president of the United States initially said that a 25% tariff on heavy-duty trucks — but not medium-duty trucks — would take effect on Oct. 1. President Sheinbaum said on Tuesday that she would negotiate a carve-out for Mexico.
Banamex building

Grupo México seeks to acquire up to 100% of Banamex from Citigroup

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It's the conglomerate's second attempt to gain full ownership. A complication this time is that another mogul, Fernando Chico Pardo, has officially offered to buy 25% of the bank.
Jamieson Greer

USTR: Mexico not 100% compliant with USMCA

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United States Trade Representative Jamieson Greer said his office is in talks with Mexican officials about the alleged breaches and asserted that, as things stand, "it doesn't make a lot of sense to talk about extending" the USMCA.
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