JPMorgan’s Jamie Dimon Praises the Mexican Economy in High-Stakes Meeting With President Sheinbaum

After a recent meeting with Mexico’s President Claudia Sheinbaum at Mexico’s National Palace, Dimon stated that Mexico has a large opportunity to grow over the next 20 years, underscoring developments in energy, infrastructure and tech projects on Mexican soil.

JPMorgan Chairman and CEO Jamie Dimon praised the future of the Mexican economy during his recent visit to the country, which involved a meeting with President Claudia Sheinbaum.

Dimon highlighted the opportunities in energy, infrastructure, and technology development that Mexico could foster if the right decisions were taken in the next few years.

“I believe Mexico has a huge opportunity over the next 20 years. I would be willing to buy an ETF—a Mexican fund—hold onto it for 10 years, and I guarantee you it will do well,” Dimon assessed.

The meeting takes place as the U.S. reviews the United States-Mexico-Canada Agreement (USMCA), with President Donald Trump criticizing the alleged unfair treatment the country has received.

“We don’t need anything that Canada has, we don’t need anything that Mexico has, but they need everything that we have,” Trump recently stated.

Dimon referred to the subject, stressing that for this growth to continue, the agreement should be reviewed to benefit both Mexico and the U.S., mentioning China as a contentious factor.

“If there are areas where China is using Mexico to circumvent U.S. tariffs and the like, that is something Mexico should monitor closely,” he said.

Even so, Felipe Garcia Moreno, Mexico Senior Country Officer at JPMorgan, estimated that foreign investment in Mexico could reach 50 billion in 2026 with an increasing influx of U.S capital.

“We have seen a significant increase in mergers and acquisitions activity—for example, U.S. companies acquiring stakes in Mexican companies or increasing their existing holdings,” he concluded.