Mexican President Claudia Sheinbaum announced potential 15 percent annual growth in the aerospace industry due to a strong local workforce, rising exports, and foreign companies. However, uncertainty looms with the USMCA review, as investment stability and labor standards are crucial for sector protection. Mexico aims to be a top 10 aerospace producer, benefiting greatly from the USMCA, but faces challenges from US tariffs and potential deal changes. The industry’s growth is attributed to heavy investments in education and training, propelling Mexico to a key role in the global aerospace market.
Want More Context? 🔎
Loading PerspectiveSplit analysis...
