Reported about 14 hours ago
A report suggests that Mexico stands to gain from the ongoing global tariff war, particularly due to its favorable tariff status under the USMCA agreement. As U.S. tariffs on imported goods increase, Mexico's proximity to the U.S. and lower labor costs make it an attractive destination for nearshoring, despite a slight slowdown in the trend. The export volume remains strong as companies adapt to the new trade landscape, focusing on reducing tariff-related costs while fulfilling consumer demand.
Source: YAHOO