What is the difference between NAFTA & USMCA?

2025-02-24T15:45:09-08:00March 9, 2023||

In 2018, the United States, Canada and Mexico worked together to develop a new, more progressive solution for the North American Free Trade Agreement (NAFTA). Due to the significant changes made to the 25-year-old agreement, NAFTA will be referred to as the United States Mexico Canada Agreement (USMCA). Most of the changes will be isolated to the automotive industry, though there may be other foreign investment considerations depending on the sector. Contact NAPS to learn more about any questions you may have about NAFTA, USMCA and how they might apply to various manufacturing industries.

The Cost Advantage in 2025: Why Manufacturing in Mexico Beats China

2025-03-21T14:33:28-07:00April 2, 2025|Manufacturing News|

In 2025, the global manufacturing landscape is undergoing significant shifts, influenced by evolving trade policies, labor dynamics, and logistical considerations. Companies are reevaluating their production strategies, and weighing the [...]

Trump Tariffs: Navigating Uncertainty and Creating Opportunities

2025-03-19T10:42:17-07:00March 18, 2025|Manufacturing News|

Understanding the Current Trade Landscape The U.S.-Mexico trade landscape is in a state of flux, with tariffs being proposed, delayed, and reintroduced in a cycle that has created uncertainty [...]

The Impact of Mexico Nearshoring on Global Supply Chains

2025-02-11T09:12:46-08:00February 18, 2025|Manufacturing News|

In an era defined by globalization, nearshoring has become a strategic imperative for many businesses seeking to enhance their supply chain efficiency and competitiveness. Mexico's strategic initiatives and significant [...]

Trends and Opportunities in Mexico’s Manufacturing Industry

2025-02-11T09:00:45-08:00February 13, 2025|Manufacturing News|

Mexico’s manufacturing sector has emerged as a formidable force in the global market, capitalizing on strategic trade agreements, a favorable geographic location, and a robust and highly skilled labor [...]

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