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Mexico is becoming the new China for manufacturing. Even many Chinese companies are building factories there. Also recently Mexico is offering work visas for wo

• ChuckNorris89 3y ago
  Wasn't Mexico like that in the '90s? I remember GPUs, ThinkPads and a lot of PC hardware were made in Mexico back then. And then suddenly, as if overnight, everything moved to China.
  • pkaye 3y ago
    That is true. But now China is getting expensive and the population is getting older fast and the Chinese leadership is getting less predicable. Mexico meanwhile is much younger and labor cost is lower than China. Its a neighboring country and part of a free trade agreement. Canada and Mexico now at par with China in their total trade with US. The threat of future pandemic and global conflicts and their impact on supply chains has made companies more cautious. Its of just offshoring, its instead onshoring, nearshoring or friendshoring. A lot of the stuff onshoring will be higher value or those of national security or highly automatable. https://www.visualcapitalist.com/us-largest-trading-partners-2022/ https://www.visualcapitalist.com/us-largest-trading-partners...
    • nevermindiguess 3y ago
      Doesn’t matter. It’s a cultural thing. Mexico can get as young as they like. Won’t matter. Look at the work culture in China vs Mexico. That’s where all the answers lie.
  • wmf 3y ago
    Yep. https://www.wired.com/2001/11/flex/ https://www.wired.com/2001/11/flex/
  • jonahhorowitz 3y ago
    Yes. Mexico was a manufacturing powerhouse until PNTR shifted all of that to China. [0] - https://georgewbush-whitehouse.archives.gov/news/releases/2001/12/20011227-2.html https://georgewbush-whitehouse.archives.gov/news/releases/20... [1] - https://en.wikipedia.org/wiki/Permanent_normal_trade_relations https://en.wikipedia.org/wiki/Permanent_normal_trade_relatio...
• ren_engineer 3y ago
  they are just using Mexico as a way to get around tariffs and other trade restrictions. On paper it might say "Mexico" is the biggest trade partner for the US, but the reality all the stuff is still coming from China with an extra hop to do final assembly in Mexico. China is doing the same thing with manufacturing in Vietnam, all the money still flows back to China in the end Mexico has none of the actual infrastructure or skilled workforce needed to be an actual manufacturing powerhouse that makes things from scratch
  • scarface74 3y ago
    And Apple did the same thing when Cook prostrated himself before Trump pretending like “Macs were being manufactured in America” when it was actually only a few Mac Pros and they were doing final assembly here.
  • moneywoes 3y ago
    What does the Vietnam hop enable, India?
  • mr90210 3y ago
    > Mexico has none of the actual infrastructure or skilled workforce needed to be an actual manufacturing powerhouse Care to share your sources?
  • shp0ngle 3y ago
    > China is doing the same thing with manufacturing in Vietnam, all the money still flows back to China in the end Eh they do a lot in Vietnam in reality. And yeah Chinese own a lot of these factories directly or indirectly, but a lot of the money (and the toxic fumes) stays in Vietnam.
  • lenkite 3y ago
    "Mexico has none of the actual infrastructure or skilled workforce needed to be an actual manufacturing powerhouse that makes things from scratch" What people forget is that starting with assembly is one of the basic things needed to get a leg-in into ramping up into a manufacturing powerhouse.
  • 3y ago
• throw_m239339 3y ago
  > Mexico is becoming the new China for manufacturing. Yes, people claimed that during the era of the maquiladoras... it has not materialized 30 years after.