In this episode of Logistically Speaking, hosts Scott Case and Cameron Roberts sit down a day after President Trump's second inauguration to discuss the flurry of Executive Orders and trade rhetoric with Carlos Sesma, Senior Partner at Mexican law firm Sesma, Sesma & McNeese. The conversation explores the complex interplay between politics, trade, and regional economic integration.

Key Topics Discussed

Recent Policy Changes

• President Trump's announcement of potential 25% tariffs on Mexico and Canada
• Changes to Mexico's IMMEX program affecting chapters 61, 62, and 63, introducing a 35% duty rate
• Impact on e-commerce companies using Mexico as a distribution hub
• Relationship between trade policies and immigration concerns

Mexico-US Trade Relations

• Mexico's critical dependence on US trade (86% of exports)
• Analysis of Mexico's strategic position between US and China
• Discussion of USMCA renegotiation possibilities
• Impact of potential tariffs on regional manufacturing and supply chains

Infrastructure Development

• Major Mexican infrastructure projects:
  • The Mayan Train project connecting the Yucatan Peninsula
  • Trans-isthmic railway development as Panama Canal alternative
  • New Tulum Airport with cargo capabilities
  • Focus on developing Mexico's southern regions

Regional Integration

• Evolution of North American trade relationships
• Role of rail infrastructure in regional connectivity
• CPKC (Canadian Pacific Kansas City) railway expansion plans
• Impact of new administrations in all three countries

Looking Forward

• Preparation for potential USMCA negotiations
• Changes in Mexican governance and judicial system
• Importance of maintaining business relationships despite political rhetoric
• Regional economic development strategies

Source Material:

• America First Trade Policy
• Mexico Issues 35% Tariff on Textiles