{"id":19908,"date":"2026-10-02T12:00:20","date_gmt":"2026-10-02T18:00:20","guid":{"rendered":"https:\/\/miranda-partners.com\/news-and-content\/miranda-intelligence\/foreign-press-chatter\/mis-mexico-foreign-press-chatter-sep-25-2026\/"},"modified":"2026-11-05T21:47:08","modified_gmt":"2026-11-06T03:47:08","slug":"mis-mexico-foreign-press-chatter-sep-25-2026","status":"publish","type":"post","link":"https:\/\/miranda-partners.com\/es\/news-and-content\/miranda-intelligence\/foreign-press-chatter\/mis-mexico-foreign-press-chatter-sep-25-2026\/","title":{"rendered":"MI\u2019s Mexico Foreign Press Chatter \u2013 Sep. 25, 2026"},"content":{"rendered":"

\u00a0<\/p>

According to the New York Times, Mexico is Trump\u2019s \u201cnew favorite neighbor\u201d; at least in comparison to Canada. As US-Canada relations deteriorate, the NYT reported this week how Trump has turned Mexico, once his \u201cfavorite punching bag\u201d, into a useful ally. Drawing on nearly a dozen anonymous officials, the piece cites the 87 per cent fall in monthly border encounters since Biden\u2019s final full month in office as well as the steep drop in fentanyl seizures at the border as evidence of effective cooperation and compliance with US demands on Sheinbaum\u2019s part. It also reports that, as a result, US plans for air strikes on Mexican soil have been shelved (for now). The NYT notes the friction, including the deaths of two CIA officers in Chihuahua in April and anger within Morena over US visa revocations, but emphasises that officials in both governments are keen to express how closely they are working together.<\/p>

David Agren at the Globe and Mail drew the contrast from the Canadian side. While Carney pivots towards the EU, Sheinbaum has doubled down, pledging to buy more US imports, imposing 50 per cent tariffs on some products from countries without a free-trade agreement and tightening rules on Chinese steel and aluminium transshipments. Reuters reported that Sheinbaum called her latest conversation with Trump \u201cvery good\u201d as both sides push for a deal before the 3 November midterms. But the timetable has since slipped: the fourth round of bilateral talks, due next week, has been postponed, ostensibly for \u201clogistical reasons\u201d according to the Trump administration.<\/p>

In Sinaloa, the Financial Times\u2019 Christine Murray reported from Culiac\u00e1n on the ongoing intra-cartel war between the Chapitos and the Mayiza, which residents and experts call the worst in the state\u2019s 100-year history of drug trafficking. Despite a deployment of some 20,000 troops and police, an estimated 3,800 people have been killed and 4,400 kidnapped, and the state has lost more than 20,000 formal jobs.<\/p>

Bloomberg reported that Sheinbaum offered public support for Lula ahead of Brazil\u2019s 4 October election, calling him \u201ca very good president\u201d while stopping short of an endorsement. Lula, 80, faces a neck-and-neck race against Fl\u00e1vio Bolsonaro, and the two leaders are increasingly isolated: the NYT notes seven consecutive right-wing electoral victories in the region since Trump took office. Polymarket now has Bolsanaro as slight favorite, a turnaround from a month ago.<\/p>

Banxico held its rate at 6.5 per cent for a third straight meeting, but as Bloomberg noted, the real news was in the guidance. The statement dropped language implying the hold would continue and flagged exchange rate pass-through as a factor in future decisions. The bank said it would not \u201creact mechanically\u201d to last week\u2019s Fed hike, though the narrowing differential nudged the peso to around 17.75 to the dollar. Invex economists argued the exchange rate \u201cremains overvalued in both real and market terms\u201d.<\/p>

In lighter news, the NYT visited Xalapa\u2019s annual melon race \u2014 \u201cnot only one of Mexico\u2019s most colorful traditions but also one of its most random\u201d \u2014 and also reported on the discovery that pygmy racoons in Cozumel make and play with toys, the first time this has ever been documented by researchers.<\/p>

Blogs destacados en ingl\u00e9s sobre M\u00e9xico<\/strong><\/h3>

Ioan Grillo reported from the mountains of Guerrero on one of the country\u2019s oldest networks of self-defence militias, the CRAC-PC, which not only provides security but also has set up its own makeshift jails and alternative justice system. \u201cWhile the government doesn\u2019t assume its responsibility to provide security to the people, the people will carry on taking care of themselves,\u201d one regional coordinator told Grillo. The Mexico Political Economist examined how Mexico\u2019s Circular Economy Law, published in January, lacks the tools and incentives to get the private sector on board. By contrast, the EU and China have treated circularity as hard-nosed industrial policy, and the piece concludes that pragmatic, profit-driven alternatives, such as a Quer\u00e9taro plant turning urban waste into fuel for cement and steel makers, may be Mexico\u2019s more realistic path towards sustainability. Miranda Intelligence published its incisive, polymathic daily Mexico reports \u2013 spanning the country\u2019s Culture, Fintech, Markets, Public Affairs, Energy, Podcasts, Politics, and Foreign Press (i.e., what you are currently reading). It is currently offering new subscribers a 25% discount on the list price to celebrate Mexico\u2019s Independence. \u00a1Viva M\u00e9xico! \u00a1Viva la inteligencia!<\/p>