Relations (1)

cross_type 2.00 — strongly supporting 2 facts

Mexico is a key destination for the relocation of global supply chains due to firms shifting production away from China [1], the trade benefits provided by the USMCA [2], and the implementation of 'China+1' risk-mitigation strategies [3].

Facts (2)

Sources
How Tariffs Are Reshaping Global Supply Chains in 2025 supplychainbrain.com SupplyChainBrain 1 fact
claimThe United States-Mexico-Canada Agreement (USMCA) facilitates duty-free trade between the United States, Mexico, and Canada, which encourages nearshoring of supply chains.
Tariffs: Estimating the Economic Impact of the 2025 Measures and ... richmondfed.org Federal Reserve Bank of Richmond 1 fact
claimFollowing the 2018-19 U.S. tariffs on Chinese imports, many firms shifted supply chains to countries such as Mexico and Vietnam rather than returning production to the United States.