It is crucial for your manufacturing operation to have an efficient supply chain and a short proximity to your market. Often, this is not possible if your business is dependent on shipping times from overseas. The establishment of manufacturing facilities overseas has long been regarded as a means of reducing labor and production costs; however, […]
Mexico
Despite International Entrepreneur Setbacks, Nearshore Businesses Forge Ahead on US Soil
Foreign entrepreneurs and startups with designs on the US took a hit recently with Trump’s postponement of Obama’s International Entrepreneur Rule, which was set to go into effect on July 17, 2017. Now, with the rule’s effective date set back until March 14, 2018, and noise about rescinding the rule entirely, the impact on entrepreneurs […]
The NAFTA Negotiations: A Mexican Perspective
The launching of the North American Free Trade Agreement (NAFTA) negotiations on August 16, 2017 begs a serious and thorough discussion given what it is at stake for the three countries in terms of trade, investment, economic integration, competitiveness, jobs, shared production, and innovation. While a NAFTA modernization has been long overdue, this renegotiation was […]
How changes to NAFTA rules of origin could threaten supply chains
Modifications and revisions to the North America Free Trade Agreement (NAFTA) will impact sourcing decisions, supplier relationships, existing contracts and agreements and logistics. Once dismissed as campaign bluster, negotiations recently began with United States trading partners Mexico and Canada to revamp major sections of this important trade agreement. Primary negotiations are focused on the rules of origin. […]
How NAFTA Explains the Two Mexicos
NAFTA coincided with a wider period of change for Mexico as the country sought to rebuild after its infamous “Lost Decade.” These changes have fundamentally transformed Mexico. Exports have grown by more than 500 percent since 1993 thanks to growth in manufacturing. Mexican universities are increasingly producing high-skilled workers while firms in the aerospace, tech, […]