Vessels loaded with shipping containers in Shanghai, China. Mexico is hoping that some industries will find it beneficial to relocate to Latin America. Photo: Bloomberg
Can Mexico lure investment from Asia, as USMCA North American trade deal takes effect?
- International firms based in Asia may consider relocating supply chains to Latin America after the US-Mexico-Canada trade agreement launched
- China and Asean countries are already facing competition from Mexico, Brazil and India, and the US-China trade war may also play a role
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Mexico
Vessels loaded with shipping containers in Shanghai, China. Mexico is hoping that some industries will find it beneficial to relocate to Latin America. Photo: Bloomberg