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1. Two years into her administration, president Sheinbaum delivers her government report

Before nearly 300 guests—including prominent business leaders such as Carlos Slim, Alfonso de Angoitia, and Alejandro Malagón—president Claudia Sheinbaum presented her Second Government Report. During her address, the president reaffirmed the defense of national sovereignty in the bilateral relationship with the United States; likewise, she highlighted stable macroeconomic indicators, such as a record Foreign Direct Investment (FDI) of $35 billion and quarterly GDP growth of 1.4%, as well as a historic 51% reduction in the incidence of intentional homicides. The speech focused on highlighting the administration’s progress and maintaining a stance of political prudence, while issuing a direct call for austerity and internal unity within the ruling party ahead of the 2027 electoral process.

President Sheinbaum noted that the 2027 Economic Package will incorporate a gradual fiscal consolidation and discipline in public finances, guaranteeing that this adjustment will not compromise investment in infrastructure or funds allocated to social programs, healthcare, and education. Complementing this institutional accountability process, the President announced the launch of a working tour spanning all 32 federal entities running from Thursday to Sunday over three or four weeks—beginning September 3 in states such as Morelos, Durango, Zacatecas, and San Luis Potosí—where she will present regional progress and infrastructure works executed in each state, ultimately concluding with an informational event in Mexico City.

Gobierno Federal: Vamos mejor y tenemos rumbo, porque ese rumbo lo marca el pueblo: presidenta Claudia Sheinbaum en su Segundo Informe de Gobierno
 
CNN: Las claves del segundo informe de Gobierno de Sheinbaum: un discurso “conservador” que evitó polémicas y llamó a la unidad

2. Congress of the Union opens ordinary session

The Congress of the Union formally inaugurated the First Ordinary Session of the Third Year of the 66th Legislature, during which Secretary of the Interior Rosa Icela Rodríguez delivered president Claudia Sheinbaum’s Second Government Report. Prior to this, the full Senate elected Morena member Higinio Martínez Miranda as President of its Board of Directors, while the Chamber of Deputies elected Raúl Bolaños Cacho Cué, a member of the Ecologist Green Party of Mexico (PVEM), as its President. Both will serve a one-year term, marking the first time the PVEM presides over the Chamber since the annual rotation system was established. The agenda outlined for debate by the ruling majority includes processing the 2027 Economic Package, legislation concerning the crime of feminicide, regulations on artificial intelligence and social media, as well as an executive-sponsored constitutional reform to prohibit dual citizenship for presidential and gubernatorial candidates. For its part, the opposition bloc raised priorities focused on institutional checks and balances, an investigation into energy tax evasion (“fiscal huachicol”), and a legislative initiative to penalize collusion between public officials and organized crime with prison terms of up to 140 years.

Just as the session got underway, tax policy became the central focus of legislative debate. The Chamber of Deputies’ Finance and Public Credit Committee proposed modifying the Special Tax on Production and Services (IEPS), contemplating an adjustment of between 60 centavos and one peso per unit of beer to generate nearly 6.5 billion pesos in additional revenue, thereby correcting a tax asymmetry relative to artisanal distilled beverages. Furthermore, lawmakers are analyzing the application of a corrective tax on processed foods exceeding regulatory sodium limits, a measure that could raise up to 12 billion pesos. In response, opposition parliamentary floor leaders expressed concern over a potential increase in the tax burden, while the proposing committee clarified that “to date, no agreement exists” regarding the approval of the measure, noting that these were merely “proposals” raised during analytical forums on the subject.Milenio: ¿Qué discutirán? Legisladores fijan agenda para el nuevo periodo de sesiones del Congreso de la Unión
 
El Economista: Plantean aumentar IEPS a cerveza para Paquete 2027

3. Increased scrutiny sought for new foreign investment in Mexico

President Claudia Sheinbaum submitted a bill to the Senate of the Republic to amend the Foreign Investment Law, seeking to subject foreign investments and acquisitions intended to exceed a 49% equity stake in strategic sectors to specific national security screening. The proposal introduces Title Six Bis, “On National Security in Foreign Investment,” establishing rigorous oversight over critical physical and virtual infrastructure, such as energy, telecommunications, data storage, semiconductors, cybersecurity, biotechnology, and artificial intelligence. The initiative proposes adding the Ministries of National Defense, the Navy, and Security and Civil Protection to the National Foreign Investment Commission (CNIE); furthermore, it contemplates sanctions and fines of up to 200,000 UMAs for companies that fail to obtain prior authorization.

Following the announcement, the Business Coordinating Council (CCE) expressed surprise over the lack of prior consultation with the private sector and warned that expanding discretionary powers could generate legal uncertainty and slow the attraction of legitimate capital. Nonetheless, they agreed that the new framework aligns Mexico with international mechanisms such as the Committee on Foreign Investment in the United States (CFIUS), which focuses on the supervision of capital originating from countries without free trade agreements. This response was offered during the launch of the “National Digital Alliance,” a permanent collaborative mechanism between the CCE and the Senate, designed to advise lawmakers in formulating public policies on artificial intelligence, digital infrastructure, and cybersecurity without compromising the country’s competitiveness.

Expansión: México se alinea con sus socios del T-MEC para revisar inversiones por seguridad nacional
 
El Universal: CCE y Congreso crean Alianza Nacional Digital, buscan mejorar regulación de IA y ciberseguridad

4. Mexico positions its technological sovereignty and artificial intelligence agenda

At the G20 Innovation Ministers’ Meeting held in Chapel Hill, North Carolina, economy minister Marcelo Ebrard led an official delegation aimed at integrating the country into global value chains for artificial intelligence (AI) and advanced manufacturing. As a central component of his agenda, Ebrard held a bilateral meeting with U.S. Commerce Secretary Howard Lutnick, during which they reviewed progress on the bilateral trade agenda and outlined a joint strategy for regional technological development and integration in North America. During the plenary sessions of the multilateral forum, the Mexican official compared the economic emergence of AI to the historic impact of the arrival of electricity in industry.

On the same stage, while advancing corporate diplomacy, Ebrard agreed on an upcoming visit to Mexico by Jensen Huang, CEO of Nvidia—a global leader in semiconductors that confirmed its AI supercomputers are assembled with the participation of Mexican manufacturing. To drive priority investments under the “Plan México,” the Economy Minister also met with Sam Altman (CEO of OpenAI) and Tom Brown (co-founder of Anthropic), as well as Henna Virkkunen, Executive Vice-President of the European Commission for Tech Sovereignty, and Kim Jung-kwan, Minister for Trade of the Republic of Korea, aiming to solidify key partnerships for computing infrastructure deployment and capital attraction in the high-tech sector.

La Jornada: Ebrard y Lutnick revisan en el marco del G20 agenda comercial e inteligencia artificial
 
El Financiero: Jensen Huang, CEO de Nvidia, con ganas de visitar México: Ebrard pacta viaje del empresario en el G20

5. Mexico continues strategy to strengthen its diplomatic relations

President Claudia Sheinbaum received former President of Colombia Gustavo Petro to address the Latin American political landscape, the evolution of electoral processes in the region, and the risks of foreign interference ahead of Mexico’s 2027 midterm elections. In the sphere of transpacific and industrial cooperation, the Chief Executive confirmed the upcoming official visit to Mexico in September by the President of the Republic of Korea, Lee Jae-myung. The meeting is expected to address a strategic agenda focused on attracting commercial investment, promoting cultural exchange, and consolidating bilateral agreements.

In parallel, the Ministry of Foreign Affairs (SRE) announced that Foreign Secretary Roberto Velasco Álvarez will conduct an official visit to China starting Monday, September 7, to meet with his counterpart, Wang Yi, and inaugurate a new Consulate General of Mexico in the city of Chongqing. This diplomatic mission takes place within a complex trade environment marked by a tariff restructuring driven by the Ministry of Economy—which implemented tariff increases ranging between 10% and 50% on products from countries without a free trade agreement. According to official data, this measure has led to a 28.4% drop in imports of Chinese goods such as footwear and light passenger vehicles. The visit will aim to foster direct political dialogue with Beijing and preserve a strategic balance amidst trade tensions between the United States and the Asian nation.

La Jornada: Gustavo Petro conversa con Sheinbaum sobre la “nueva realidad política” de América
 
Proceso: Velasco viajará a China para fortalecer diálogo y cooperación entre ambos países