Mon - Fri: 8:00 - 18:00
Sat-Sun Closed
855.480.0837
Toll-Free Number
8716 Sherwood Terrace
San Diego, CA 92154 USA

USMCA UPDATES

Manufacturing in Mexico, New Rules & Regulations

Impact of Nafta withdraw

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive

The United States is set to renegotiate Nafta, a treaty with Canada and Mexico that President Trump scorned during his campaign. He has also taken aim at China for what he insists are unfair trade practices.

But American manufacturers depend heavily on a global supply chain, especially from Mexico, Canada and China which leaves them vulnerable in a trade war.

Americans-NAFTA-Renegotiation

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive

Trade and globalization are here to stay. The share of global GDP due to trade, imports plus exports, has grown from 25 percent of global GDP in the mid-1960s to 60 percent today. The share of U.S. GDP due to trade over that same time period has grown from 10 percent to 30 percent. Contrary to the narrative put forward by some, today’s shifts in trade policy have largely not been driven by “good deals” and “bad deals” but on very real and conflicting economic forces. Facile references to “free trade” increasingly have little to do with economic reality. Our nation’s attitudes toward trade have been shaped by the evolving struggle over who has been helped and who has been disadvantaged by trade policy as our economy has developed.

Article Search

Mexico Manufacturing Industry News

© Copyright 2021 Co-Production International, Inc. All Rights Reserved.

Search