Comment on Mexico Bets Trump Is Bluffing on Tariffs

Mexico Bets Trump Is Bluffing on Tariffs

New York Times: “The last time Mr. 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 Mr. Trump’s tariffs.” “That trend, known as “nearshoring,” gained momentum as President Biden extended tariffs on Chinese imports.

 

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