Reported about 18 hours ago
In response to fears of losing the US-Mexico-Canada trade agreement, Mexico is revising its laws and encouraging local production to replace Chinese parts. President Claudia Sheinbaum announced efforts to produce microchips and other components locally, while the government is also eliminating various independent regulatory agencies to align more closely with US requirements. Although such changes aim to safeguard relations as the 2026 review approaches, experts warn that de-emphasizing Chinese imports will take time and may pose challenges.
Source: YAHOO