U.S. investments supported Mexican “nearshoring” — SupplyChainDive.com

The U.S. has long supported Mexico’s “nearshoring” via investments and imports:

“The United States’ role in the growth is visible in trade data. During 2022, 14% of all U.S. imports by value originated in Mexico, according to data analyzed by Supply Chain Dive. Similarly, U.S. firms have long been financially active in the country, and are responsible for 42% of the total foreign direct investment in Mexico since 2006.“

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