Mexico to take lead as ‘friendshoring’ brings in manufacturing

  • Jiggle_Physics@lemmy.world
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    1 year ago

    The countries with the infrastructure, and skilled population, to create a lot of major exports are rapidly getting more expensive as their cost of living increases. This, on top of the extra over-head of shipping across the planet, is causing a lot of industries to seek manufacturing bases closer to home. A number of higher end industries are returning to the US, others places like Mexico and Brazil.