President Sheinbaum of Mexico announced plans to increase domestic production of food, energy, textiles in a bid to blunt the impact of US tariffs

Original Publish Date » April 3 , 2025
Last Updated » 3 weeks

NYT » President Claudia Sheinbaum of Mexico announced a series of measures on Thursday aimed at blunting the impact of President Trump’s tariffs by increasing domestic production of food, energy, textiles and other items.

Mexico plans to seek to increase production of corn by 2030 to 25 million tons a year from 21.8 million tons; of beans to 1.1 million tons, from 815,000 tons; and of rice to 450,000 tons, from 221,500.

Additionally, Mexico plans to seek to lessen its dependence on imports of natural gas from the United States by boosting domestic production of the fuel over the same period, to 5 million cubic feet a day from 3.834 million, while increasing production of refined oil products like gasoline and diesel by about 30 percent.