Despite threats from the President-elect of the United States, Donald Trump, to impose tariffs on Mexican products, representatives of the Private Initiative (IP) of Jalisco are confident that this year will be one of greater economic growth for the entity compared to 2024.
In a MURAL survey, 8 out of 10 representatives of business organizations in Jalisco indicated that they expect sales in their sector to grow this year equal to or more than in 2024: clothing, 15 percent, the same as jewelry; tequila, between 5 and 7 percent, the same as the maquiladora industry; construction, 4.4 percent; food, 3 percent, and furniture, 3 percent.
Only in two sectors, the restaurant and agricultural sectors, they preferred not to give a goal.
The optimism of the industries of Jalisco is in line with the forecasts of greater economic growth for the State than for the Country.
The Guadalajara Chamber of Commerce estimates that this year the Gross Domestic Product (GDP) of Jalisco will increase by 1.8 percent, above the 1.3 percent it expects for Mexico, and better than the growth in the state of 1.2 percent in 2024.
And although Trump, who assumes the Presidency of the United States on January 20, threatened to impose tariffs of 25 percent on Mexican products sold in the United States, for Antonio Lancaster-Jones González, coordinator of Industriales Jalisco, it is a threat that will hardly become a reality.
“I do not think he will dare to stop us from buying grains; in the end a solution will be sought that benefits both countries,” Lancaster-Jones commented in an interview.
The representative of the industrialists stressed that the experience of the members of the state economic Cabinet strengthens the confidence that there will be policies to support the business sector and favorable economic conditions.
Source: mural
