The Mexican president plans to hold a meeting in Nuevo León with Ternium, the largest flat steel producer in Latin America, to learn more about the company's concerns regarding the possible implementation of tariffs, scheduled for April 2.

Mexican President Claudia Sheinbaum will hold meetings starting this Thursday with steel and aluminum industry leaders to discuss the impact that US tariffs on these products will have on the development of this industry in the country.

Among other things, Sheinbaum plans to hold a meeting in Nuevo León with Ternium, the largest flat steel producer in Latin America, to learn more about the company's concerns regarding the possible implementation of tariffs, scheduled for April 2.

As the president pointed out in her morning press conference, no protectionist measures are planned by Washington until April 2, the latest date the trade war has been extended to. It will be then, as she noted, that Mexico will take appropriate action.

In this context, Mexico's Secretary of Economy, Marcelo Ebrard, traveled to the United States this Thursday to meet with Commerce Secretary Howard Lutnick to address these tariffs. This will be his fourth visit to the country since the measure was announced.

In recent days, the OECD has lowered its expectations for economic activity in Mexico by 2.5 percentage points (in December, GDP growth was expected at 1.2%, and now a recession of 1.5% is expected) due to the impact that tariffs will have on the Mexican economy.

Looking ahead to 2026, Mexico will still be unable to recover its economy, with a recession of 0.6%, lower than in 2025, but a clear decline from last December, when the Mexican economy was expected to achieve 1.4% growth next year.

"These forecasts aren't helpful. Maybe they should suggest what to do instead of just spreading this news that we don't yet know will actually happen," Sheinbaum lamented last Tuesday.