Will the Trump tariffs bring Mexico’s manufacturing revival to a screeching halt?
Mexico has been the chief beneficiary of the move by American manufacturers to diversify at least some production away from China back to the western hemisphere. But with the imposition of tariffs by President Trump, will Mexico continue to see steady economic growth spurred on by the nearshoring trend? Or will the tariffs bring it all crashing down? On this episode, we examine the country’s future in the midst of a developing trade war, with Maggie Switek, an economist and director of research at the Milken Institute. She details the prospects for Mexico as a long-term strategic partner of the U.S., and addresses the various challenges that confront President Claudia Scheinbaum as she works to ensure Mexico’s future as an economic powerhouse. Hosted by Bob Bowman, Editor-in-Chief of SupplyChainBrain.
Show notes:
A report by the Milken Institute: “Mexico’s Competitiveness as a Strategic Trade Partner.”