Trade Wars, the low unemployment rate in Mexico and the president’s taste in music.
Claudia Sheinbaum answered a wide variety of questions during her press conference Thursday morning.
Here’s how she answered three of them.
No one wins in a trade war
Referring to Prices imposed by the United States And the reprisal measures announced by Canada, the European Union and others, a journalist asked the president “who presents himself in this world tariff war?”
“Person. Person,” replied Sheinbaum.
“The objective that the United States has set is that the United States is too important and what it wants is to produce more in its country,” she said.
“In the case of Mexico – I’m not going to refer to the rest of the world, it’s up to us to talk about Mexico – there are a lot of studies that show how investment in Mexico by an American company generates three times more jobs in the United States due to productive integration,” said Sheinbaum.
“… an entire car is not made here, but rather, a game is made here and another is done there,” she said, adding that the same thing COPRODUCTION SYSTEM Through Mexico and the United States, is also used for the manufacture of “many other products”.
“So, in the case of Mexico and the United States, what is advisable for us is to continue the trade agreement,” said Sheinbaum in reference to the USMCA.
“Review what to be examined, but compete like the North American region against the rest of the world,” she said.
“… The productivity of American companies will decrease if they cease to produce in Mexico, if that is essential,” added Sheinbaum.
Sheinbaum: The government’s “different economic model” contributes to the low unemployment rate in Mexico
A journalist stressed that Mexico has the second lowest (equal) unemployment rate among OECD countries And asked Sheinbaum how such a situation was reached.
“This is part of what we talked about – a different economic model,” said the president.
“This has to do with the favor of the internal market, which is helped through the social protection program and Increased salary (minimum)“Said Sheinbaum.
“In other words, … if you earn 100 pesos (per day), you will buy less than if you earn 500 pesos. Thus (social support and higher wages) help stimulate the economy from below, “she said.
“And the other thing that happened in our country was significant Foreign direct investment And also the investment of national businessmen, “said Sheinbaum.
“… And the other very important thing is that the public investment has been reactivated. In the president (Andrés Manuel) López Obrador, it was the Maya trainTHE interoceanic trainTHE (Olmeca) refineryTHE motorways And water projects. They also stimulate private investments. There are a lot of indirect jobs generated by public investment and this is the model we follow, ”she said.
While Unemployment is indeed weak in MexicoThe percentage of workers working in the vast informal economy is very high – 54.5% in the last quarter of 2024.
Presidential reading list to come soon!
What music does Claudia Sheinbaum listen to?
This is what a journalist tried to discover two days later The president posted a photo on social networks It showed her bearing headphones when she worked on her upcoming book.
“Normally, to write, I listen to relaxing music to flow my ideas,” said Sheinbaum.
“… We will share the playlist soon,” she added.
Some MND readers may remember that former president López Obrador shared a “well-being reading list” in 2023, What we have described as “resolutely healthy” and “fairly good” in a review.
In 2024, He shared another playlist who understands All the songs he played during his six years of morning press conferencesOr Mañaneras.
By the editor -in -chief of Mexico News Daily Peter Davies ((Protected by e-mail)))
