Tuesday, April 1, 2025

MND Perspectives: Will Mexico benefit from nearshoring?

In this week’s exclusive, subscribers-only MND Perspectives podcast, Travis Bembenek, CEO of Mexico News Daily, examines the potential risks and rewards of nearshoring for Mexicans. While foreign direct investment generally leads to more jobs, there is a risk that Mexican companies could be displaced by highly competitive foreign firms

Should Mexico should aim for higher-value jobs in areas such as engineering, research,  and management, rather than simply replicating the low-wage, low-skill model of maquiladoras? Will the influx of international companies rushing to nearshore in Mexico ultimately help Mexicans, or damage local economies and offer poorly-paid and undesirable jobs?

MND Perspectives: Will Mexico benefit from nearshoring?

This podcast was produced using AI tools. All information collected and discussed in this episode was investigated, written and edited by human journalists. Compiled from Mexico News Daily articles by Travis Bembenek. Edited by Caitlin Cooper and Rose Eglhoff. Podcast produced by Chris Havler-Barrett. 

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BYD charging station

FT: China is withholding approval for BYD’s Mexico plant due to tech concerns

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Sources cited by The Financial Times revealed that Chinese EV company BYD sees Mexico’s allegiance to the U.S. as a potential dealbreaker in its nearshoring plans.
An aerial shot of an industrial park in San Miguel de Allende, Mexico

How is Mexican industry doing? Our CEO visits his local industrial park to find out

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To see what's really going on with the Mexican economy, Mexico News Daily CEO Travis Bembenek takes a look under the hood at the San Miguel industrial park.

US tariffs on Mexican steel and aluminum go into effect

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Beyond impacting Mexico's metals sector, the 25% tariffs will tax a wide range of products containing steel and aluminum — everything from auto parts to furniture.