Friendshoring Strategy: Merits & Myths
Friendshoring. Sounds like a nice word, doesn’t it? It evokes images of two countries holding hands and happily walking down the path to duty-free trade. But shifting production to more “tariff-friendly” countries isn’t necessarily the free pass some think it is....
IMMEX Program in Mexico: Potential Benefits & Pitfalls
As nearshoring, friendshoring and reshoring become common, many companies are considering the IMMEX program in Mexico (also known as the maquiladora program) to mitigate the growing risk of sourcing from China. This article will review the benefits and pitfalls of...
Shipping from China to Mexico
There has been a sharp uptick in shipping from China to Mexico. Some of that increase is due to Mexico’s rising status as a global production hub. Some is likely linked to attempts to create a “back door” route into the US to avoid high US tariffs on China...
