A small company in northern Mexico had faced steep competition from China in making straps, plugs, fasteners, grommets, zip ties and clamps. Now, U.S. tariffs have driven a spike in his business.
Category: Monterrey (Mexico)
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Mexico, Betting Trump Is Bluffing on Tariffs, Sees an Opportunity
Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.
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Tesla to Unveil New ‘Master Plan’ in Bid to Regain Momentum
The New York Times – Business:Elon Musk is expected to announce plans for a new factory in Mexico and an array of other measures to win back investors’ favor.
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China mira hacia México para satisfacer al mercado de EE. UU.
The New York Times – Business:Alarmadas por el caos naviero y las fracturas geopolíticas, las compañías de China están instalando fábricas en México para preservar sus ventas en Estados Unidos.
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Why Chinese Companies Are Investing Billions in Mexico
The New York Times – Business:Alarmed by shipping chaos and geopolitical fractures, exporters from China are setting up factories in Mexico to preserve their sales to the United States.