NAFTA Renegotiations
Due to aggressive political rhetoric from incoming US President, Donald Trump, many executives in North America are concerned that NAFTA may be overhauled or renegotiated. Trump has made such a proposition central to his campaign, yet there are few decision makers actually pushing for NAFTA renegotiations. Not all member nations support such a drastic move.
Mexican Economic Ties With Vietnam
Mexican economic ties span the globe. The Latin American country aggressively pursues trade relationships with numerous countries, resulting in a trade network that rivals any in the world. In recent years, Mexico has sought to increase economic relations with Asian countries, including the small Asian country of Vietnam. Mexican Economic Ties with Vietnam As Mexico […]
China Manufacturing Moving to Mexico
It is no surprise that we’re seeing China Manufacturing Moving to Mexico. Political rhetoric in the US lately is down on international trade and down on trade partners, China and Mexico. It comes as no surprise that these two manufacturing countries have been strengthening ties in recent months and even years. The two countries have […]
EU-US Free Trade Agreement
Talks are underway between the United States and the European Union to improve US-EU free trade. While current political rhetoric leads some to question whether NAFTA might be scrapped or tariffs with Mexico raised to 35%, it is insightful to see the level of consistency in the terms found in NAFTA and in the developing Transatlantic Trade and Investment Partnership (TTIP) with the EU…
US Manufacturers Leaving China for Mexico
China has long been the offshoring destination of US companies seeking to reduce costs. However, as China’s labor costs and freight costs rise, many are coming back home to North America in search of better alternatives. Many manufacturers leaving China are finding Mexico to be that better alternative.
Aggressive Mexican Infrastructure Improvements Underway
Mexico is vying to cement their status as North America’s manufacturing hub, and sweeping changes are underway to ensure a strong economic future for the Latin American country. Mexican infrastructure improvements are already increasing international investment, and a new plan is underway to expand the country’s capacity and growth in coming years.
18,000 Tijuana Children to Receive a Merry Christmas from Tecma Group
For a week now, the TECMA Tijuana Group’s facilities have been converted into a gift factory, churning out wrapped gifts for more than 18,000 of Ciudad Tijuana’s poorest children. Employees and volunteers are wrapping toys as part of an annual “Toy Movement” project sponsored by Tecma and Spin Master Toys of Canada to provide a […]
The US Benefits of Mexican Manufacturing
Since the passing of NAFTA in the 1990s, the economies of Mexico and the US have grown increasingly interdependent. Although Mexico and the US are sometimes painted as economic competitors in political rhetoric, with the loss on the part of one reflecting a gain on the part of the other, the benefits of Mexican manufacturing cannot be overstated.
Study Reveals Companies Exiting California
A recent study has been released answering the question, why are companies exiting California? This troubling trend has been growing for several years, and there are several contributing factors. Once the epitome of commerce and business growth, California is losing companies at an alarming rate. And many of those countries are setting up shop just south of the border.
Mexico’s Part in a Global Manufacturing Hub
In an increasingly interdependent and regionally minded world economy, Mexican manufacturing growth, coupled with the rise of an increasingly educated US workforce, is propelling the North American region to prominence as a global manufacturing hub.