04-01-2025, 08:22 AM
As Donald Trump vows an expanded trade war, Mexican businesses are continuing with factory expansions. They assume Mexico remains central to America’s goal to be less dependent on China.
Cordova oversees a factory outside the Mexican city of Monterrey that makes heating and air-conditioning units for Trane, an American company.
The first time Trump was president, he unleashed a trade war against China that proved beneficial to Mexican industry.
Companies that relied on Chinese factories to make goods for the American market shifted production to plants in Mexico to avoid Trump’s tariffs.
https://www.theage.com.au/business/marke...5l1od.html
Cordova oversees a factory outside the Mexican city of Monterrey that makes heating and air-conditioning units for Trane, an American company.
The first time Trump was president, he unleashed a trade war against China that proved beneficial to Mexican industry.
Companies that relied on Chinese factories to make goods for the American market shifted production to plants in Mexico to avoid Trump’s tariffs.
https://www.theage.com.au/business/marke...5l1od.html