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This is starting to happen now. We are shifting manufacturing to onshore and nearshore. I believe Mexico will pick up a lot of where China left off in the futur
by kilroy123 4y ago
This is starting to happen now. We are shifting manufacturing to onshore and nearshore. I believe Mexico will pick up a lot of where China left off in the future.
Personally, I disagree we would kill each other for goods but I'm an optimist like that.
- bombcar 4y agoStarting? Maquiladoras have existed since 1964 and got a huge boost post-NAFTA. https://en.wikipedia.org/wiki/Maquiladora https://en.wikipedia.org/wiki/Maquiladora You can see the ones just over the border from San Diego from space: https://goo.gl/maps/WJQB5AFA47KCcW8b8 https://goo.gl/maps/WJQB5AFA47KCcW8b8 Lots of factories are moving to Mexico (and even back to the USA) because they're so automated that the employees aren't a major cost; the biggest cost now is shipping - which hits the cheap bulky good the most. Check where trash cans at Walmart are made, for example.
- riku_iki 4y agoMexico is much smaller population wise and won't be able to pick up major part. Not talking about tuned manufacturing processes, facilities, toolings etc.