“North American countries are hoping to “replace products imported from Asia as much as possible,” according to James Huang, chairman of the Taiwan External Trade Development Council.
MND Staff“Based on this consensus, Mexico is poised to become the most important manufacturing base for the USMCA,” he said.”
Suppliers for Amazon, Nvidia, Google, Microsoft and others are looking to nearshore manufacturing to Mexico and reduce dependence on China.
Suppliers for Amazon, Nvidia, Google, Microsoft and others are looking to nearshore manufacturing to Mexico and reduce dependence on China.
Seojin Mobility is expecting to invest US $300 million in the new manufacturing facility.
Seojin Mobility is expecting to invest US $300 million in the new manufacturing facility.
Don’t miss any news. Click here to read all of today’s stories!
1 Min Read Round-Up:
Mexico reappeared on Kearney’s 2024 FDI Confidence Index rating for the first time since 2019, as nearshoring investment announcements accelerate.
Mexico reappeared on Kearney’s 2024 FDI Confidence Index rating for the first time since 2019, as nearshoring investment announcements accelerate.
Excited to witness the total solar eclipse on Monday? Don’t forget to pick up your safety glasses at these viewing spots in Mexico.
Excited to witness the total solar eclipse on Monday? Don’t forget to pick up your safety glasses at these viewing spots in Mexico.
A proposed change to Mexico’s Consumer Protection Law banning user fees on credit or debit card purchases has passed the Chamber of Deputies.
A proposed change to Mexico’s Consumer Protection Law banning user fees on credit or debit card purchases has passed the Chamber of Deputies.
The state-owned airline will offer service to the Baja California Sur beach destination starting Monday.
The state-owned airline will offer service to the Baja California Sur beach destination starting Monday.
Photo of the day
“The Hand of the Giant” at El Posito lookout point, Chiapas | Photo from @ovandodurante
If you’d no longer like to receive emails from Mexico News Daily, you can unsubscribe here.