The fifth round of North American Free Trade Agreement talks starts Wednesday in Mexico City, two days earlier than initially scheduled. It’s the first meeting on Manufacturing in Mexico since U.S., Mexican and Canadian negotiators extended talks to March and added more time between sessions, abandoning Trump’s previous deadline. U.S. Trade Representative Robert Lighthizer capped the […]
Commerce Department: China Not a Market Economy
The Chinese government’s foreign investment regime is restrictive, the report concluded, the Chinese government exerts significant ownership and control over industry through state-invested enterprises, and other means, and state planning remains important in the Chinese government’s industrial policies. The Chinese government pushed back on these assertions in a speech made by a Ministry of Commerce […]
The 3 Countries Stealing China’s Business
As China transforms from an emerging market to an economic leader, the era of outsourcing to this nation is coming to an end. “Made in China.” It’s a slogan emblematic of many things — of cheap labor, of the loss of U.S. manufacturing jobs to lower-wage nations, of China’s rapid ascent to the ranks of […]
How much would products cost if they were made in the US? – Business Insider
In his first address since his victory speech — a two-and-a-half minute YouTube video posted November 21 — President-elect Donald Trump dove right into the issue of trade. On his first day in office, Trump said, he plans to “issue a notification of intent to withdraw from the Trans-Pacific Partnership, a disaster for our country.” Free […]
The Biggest Lie in the Nearshore Manufacturing Industry: Unveiling the Truth and How to Thrive
If you’re exploring the dynamic landscape of the nearshore industry, you’ve likely come across a persistent myth that’s been circulating for far too long. It’s time to expose this falsehood and discover how to not just survive but thrive in the nearshore manufacturing industry. Join me as we debunk the biggest lie and chart a […]