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tariffs

Why Nearshoring Manufacturing in Mexico Will Keep Thriving in 2025, Even Amid Tariff Challenges

NovaAdmin · December 18, 2024 ·

When it comes to manufacturing, Mexico has proven to be more than just a neighbor to the U.S.—it’s a strategic partner. But with ongoing tariff discussions, you might wonder: will the nearshoring manufacturing in Mexico lose steam in 2025? The short answer is no. In fact, it’s set to grow. Let’s unpack why companies will […]

Why Vietnam’s Manufacturing Industry is Facing Similar Challenges to China’s [2025]

NovaAdmin · October 14, 2020 ·

Manufacturers are seeking to relocate their operations to a new location amid the exodus of businesses manufacturing in China and reshoring to North America. Vietnam is one of the most popular alternative destinations, which manufacturers view as a viable alternative to China. However, manufacturing in Vietnam has many of the same problems as China (with […]

Breaking Free from China’s Grip: Moving Your Manufacturing Out of China

NovaAdmin · August 6, 2019 ·

You may consider moving your manufacturing out of China to another country such as the US, or possibly setting up product assembly in Mexico, if you currently have shelter manufacturing services in China, but are concerned about tariffs imposed by the United States hurting your bottom line, or if you are concerned about China intellectual […]

Understanding Section 232 and Its Impact on Manufacturing in Mexico

NovaAdmin · July 25, 2018 ·

Section 232 is a lesser-known trade policy that has recently created waves in industries like steel and automotive manufacturing. This brief but powerful section of U.S. trade law gives the President authority to impose tariffs and quotas that restrict certain imports. This is if they are considered threats to national security. As the current administration […]

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