Semiconductors, key for North America: Sheinbaum

President Claudia Sheinbaum Pardo asserted that it is in both Mexico and the United States’ interest to continue with the plan to produce semiconductors together because this will help them not depend on Asia. This import substitution gives us a lot of strengthhe assured. Asked yesterday morning about a proposal in the United States to eliminate the so-called Chip Law (whose purpose is to bring semiconductor manufacturing to Arizona), the president indicated that her administration will respect the decisions of that country. Obviously, we are going to do our part to convince of the importance of the trade agreement. He added that Mexico has proposed that these components be produced in Sonora and pointed out that there are several leading companies that have announced projects for Mexico, such as Foxconn, which plans to build a plant.