Concerns about impact of tariffs on Mexican aerospace industry

The recent implementation of tariffs is generating concern in the Mexican aerospace industry.

The Tamaulipas Aerocluster and Grupo JETLOG have conducted an analysis on the possible economic repercussions that this measure could bring to the aerospace sector, highlighting the risks to competitiveness and economic growth in Mexico.

Raul Llamas Cervantes, president of the Tamaulipas Aerocluster, expressed his concern about the impact of the tariffs on the growth of the aerospace sector in Mexico.

He stated that this measure could generate economic uncertainty and affect the stability of companies that depend on the U.S. market.

“Tariffs not only increase direct costs, but also generate uncertainty that can slow the expansion of aerospace companies in our country.

It is very important to find mechanisms to work together and avoid slowing down the development of the aerospace sector in Tamaulipas and throughout Mexico,” said Llamas Cervantes.

For his part, Igor Tostado Gandara of Jetlog explained that in recent years, Mexico has emerged in the manufacture of aerospace parts and components, with large companies such as Bombardier, Safran, Airbus and Honeywell established in the country.

“The Mexican industry specializes in the production of aerostructures, engine components, avionics systems and landing gear, encompassing key processes.

However, the new tariffs on international trade may significantly impact component manufacturing and distribution costs,” said Tostado Gandara.

Facing this challenge, the Tamaulipas Aerocluster sees Nuevo Laredo as a strategic development pole for the aerospace industry.

The Tamaulipas Aerocluster and Grupo JETLOG have pointed out that bilateral cooperation between Mexico and the United States is crucial to mitigate the negative effects of tariffs.