The idea sounds simple enough: raising tariffs on Mexico companies will bring manufacturing jobs back to the U.S. But that’s not how global supply chains work. Tariffs don’t erase nearshoring cost advantages; they just shift expenses elsewhere. In many cases, they worsen things by increasing costs for businesses and consumers alike. For companies considering manufacturing […]
trade
How the USMCA Revolutionized American Manufacturing
In the ever-evolving landscape of global trade agreements, the United States-Mexico-Canada Agreement (USMCA) stands as a pivotal milestone in American manufacturing. In this comprehensive article, we will explore the USMCA impact on American manufacturing. We will highlight its key differentiators from its predecessor NAFTA, emphasising the particular relevance of its partnership with Mexico. This treaty, […]
Unveiling the Power of Free Trade Agreements: How They Fuel Prosperity and Shape Global Relations
The American consumer market offers more choices of goods, often at competitive prices, than ever before. American consumers have access to a wide array of goods, such as clothing, electronics, furniture, and automobiles, both in retail stores and online. Where does this abundance of goods come from? The benefits of free trade agreements. However, delving […]
Avoiding the China Tariffs: A Smart Strategy to Save Costs and Stay Competitive
The ongoing trade war between the United States and China has had a significant impact on many manufacturers, who have been forced to pay higher tariffs on products imported from China. As a result, many companies are now exploring alternative options, such as reshoring their manufacturing operations to Mexico. In this blog post, we will […]