Daniel Córdova finds himself grappling with an enormous changing looming across the American border, including Donald J. Trump’s potential return to the White House, like much of the Mexican firm earth. Mr. Córdova is in charge of a manufacturer that produces heating and air conditioning products for Trane, an American business outside of Monterrey. When Mr. Trump was president the next day, he launched a trade war against China that was profitable for Mexican business. To prevent Mr. Trump’s taxes, businesses that produced goods for the American market relied on Chinese businesses. That pattern, known as “nearshoring”, gained velocity as President Biden extended tariffs on Chinese imports. The perils of relying on businesses across oceans were made worse by the rising delivery costs during the pandemic. Mexico beckoned as an appealing place to make their stuff for businesses looking to close the gap between flowers in Asia and customers in the United States. Therefore, President-elect Trump threatened the economy of near-shoring last month by promising to establish 25 percent taxes on all products coming into the United States from Mexico and Canada. Was Mr. Trump bluffing in the name of a high-stakes issue and was trying to persuade the Mexican government to stop citizens and drugs from entering the country? Or did he actually intend to impose tariffs on Latino imports to compel American businesses to relocate their products? ImageA shop that manufactures heating and air conditioning equipment for the British company Trane outside of Monterrey. The Trane stock is considering whether to move orders to U.S. plants if tariffs become effective. The New York Times ‘ Alejandro Cegarra deserves a special mention for his post. In your browser’s settings, kindly help Browser. Thank you for your patience while we verify exposure. If you are in Audience mode please leave and log into your Times accounts, or listen for all of The Times. Thank you for your patience while we verify exposure. Presently a customer? Register in. Want all of The Times? Subscribe.
Mexico, Betting Trump Is Bluffing on Levies, Sees an Opportunity
