Mexico, Betting Trump Is Bluffing on Tariffs, Sees an Opportunity

Published On Dec 28, 2024, 5:00 AM

The article discusses the potential impact of Donald Trump’s return to the U.S. presidency on manufacturing operations in Mexico, particularly concerning the trend of nearshoring due to tariffs on Chinese imports. Business leaders in Mexico, like Daniel Córdova who oversees a factory producing for Trane, highlight the uncertainty brought by Trump’s promise of significant tariffs on imports from Mexico and Canada. This situation raises concerns among Mexican manufacturers about whether to continue operations there or move production back to the U.S. depending on tariff implications, thus affecting the attractiveness of Mexico as a manufacturing hub.