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A large focal point of President Trump’s political agenda during his 2016 campaign was focused on trade with the United States and its impact on the U.S. economy. In turn, it began to shed light on U.S. trade relationships with Mexico and China. While renegotiations Mexico and Canada have resulted in a revised trilateral trade agreement (USMCA), trade with China is still under significant pressure.  Section 301 of the Trade [...]

This content has been updated for accuracy and relevancy on February 26th, 2020. What is the United States Mexico Canada Agreement (USMCA)? One of President Donald Trump’s focal points during his campaign, as well as his first years in office, was renegotiating the United States participation North American Free Trade Agreement (NAFTA) and pulling out of the Trans-Pacific Partnership (TPP). At the end of September of 2018, more than a year [...]

Content was last updated for relevancy and accuracy on December 20, 2023.  Will Tariffs Benefit or Hurt U.S. Manufacturers? The primary intent of applying a tariff on raw materials is to help domestic producers of such materials be more competitive with their global counterparts, thus creating (or protecting) domestic jobs. And while this strategy can certainly help domestic producers compete with countries who can produce the same product at a [...]

Determining Where to Manufacture - A Guide As a business, one of the most crucial decisions to make is where to locate manufacturing operations, as this can have a tremendous impact on the profitability of the enterprise. In recent years, there has been a seismic shift in how companies are doing business as more and more companies are choosing to offshore their manufacturing operations to other countries. However, in order [...]

As the manufacturing industry continually shifts to nearshoring operations in Mexico from China, the preponderance of products made in Mexico is steadily increasing. As a consumer, the first concern is whether or not the quality of the product made in Mexico is commensurate with those made in the United States and China. In addition to this, it is important to consider the top industries thriving in Mexico and the companies [...]

Companies looking to become more cost-efficient have a number of different potential methods of making this happen. Production in the United States can be very expensive. Because of potential wage increases, real estate value problems, and other associated costs, companies that do business in the US can often find themselves in the unenviable position of having to raise prices in order to account for rises in production costs. With this [...]

Does Mexico Manufacturing Make Sense for Your Business? A Brief History of the Maquiladora Industry The term “maquila” or “maquiladora” refers to a manufacturing facility that is a part of the maquiladora industry, a driving force in Mexico manufacturing. Maquiladora in Mexico first operated under a specific government program known as the Maquila Program, created in 1965 to facilitate industrialization on the United States-Mexican border. This has led to an [...]