Archive · 3 min read
Friday, October 2, 2026
This edition reflects the information available when it was published.
The week so far
This week in Mexico
3 developments shaping business decisions in Mexico this week.
Ranked by business relevance and urgency. Coverage through October 2.
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Mexico's customs bill clears committee and heads to the lower-house floor
The lower house's Finance Committee (Hacienda) approved changes targeting undervalued imports and fuel smuggling on Thursday, Bloomberg Línea reports. The bill goes to the Chamber of Deputies for discussion next week.
Context
The proposal would remove the 50% threshold on differences between declared values and transaction values for identical or similar goods that currently conditions certain precautionary seizures. It also provides for returning goods or deposits and releasing guarantees if an importer disproves the irregularity or substantiates the declared value. Importers would face a broader basis for valuation checks and precautionary seizures. The proposed right to recover goods or security if the declared value is substantiated limits that exposure, but the committee's approval does not make the changes law.
Read the sourcesBloomberg Línea ↗ -
Higher jet-fuel costs squeeze Mexican airlines
Jet fuel averaged US$194.90 a barrel globally at the end of last week, up 116.5% over the past year, El Financiero reports using Platts data. Latin America's average was US$196.
Context
Following supply concerns in March, the industry increased jet-fuel production because it offered higher margins, according to Cirium’s Mike Malik. Verum estimates that Mexico's three publicly traded airlines lost a combined US$379 million in the first half. The figure shows the scale of their financial pressure, but does not establish how much of the loss came from fuel.
Read the sourcesEl Financiero — Empresas ↗ -
Mexico identifies seasonal fruit-and-vegetable export limits as a USMCA red line
Julio Berdegué says Mexico will oppose restrictions tied to the season in which fruit and vegetable products enter the U.S. market, El Economista reports. He warned that such limits could spread to other sectors.
Context
USMCA remains in force. Following the July 2026 joint review, the countries now review it annually after the United States declined a 16-year extension. Seasonal volume limits would restrict market access even if trade continues under the treaty. Berdegué's comments describe Mexico's negotiating position, so they do not establish that a new restriction has been imposed or an agreement reached.
Coverage through 2026-10-02.