Nearshoring is gaining global economic significance, with Mexico poised to capitalize on this trend due to its proximity to the U.S., skilled work force, and other competitive factors. A brief commissioned by the Center for the U.S. and Mexico outlines these advantages and discusses the infrastructural challenges that Mexico must overcome to unlock its nearshoring potential.
Indira Romero, Jesús Antonio López CabreraJuly 16, 2024
Nearshoring offers Mexico a major economic opportunity; however, current policy hindering power expansion, energy transition, and private investment forestalls this prospect. A report by the Center for the U.S. and Mexico on their collaborative workshop series with Tecnológico de Monterrey dissects the power sector’s critical role in nearshoring efforts and offers policy recommendations for a way forward.
Tony Payan, Rodrigo Montes de Oca, Rolando Fuentes, Roberto Duran-FernandezJuly 3, 2024
As Mexico faces a potential return to single-party rule, its ability to attract foreign direct investment is diminishing, writes fellow David A. Gantz. In this issue brief, he explores a range of factors contributing to Mexico’s adverse investment climate.
Hoping to expand trade relations post-Brexit, the U.K. is forming nonbinding memorandums of understanding (MOUs) with individual U.S. states. Fellow David A. Gantz’s report navigates the complex political terrain and economic promises of these MOUs with a focus on the U.K.’s agreements with Texas and Washington.
Will the U.S. ban future LNG sales to China? Fellows Gabriel Collins and Steven R. Miles examine a recent move by the Department of Energy to “temporarily pause” LNG exports to countries that do not have free trade agreements with the U.S. — including China.
Will OPEC+ begin to reverse large production cuts at its June 1 meeting? In large part, it will depend on whose oil market outlook is closest to the mark, writes Mark Finley, fellow in energy and global oil. He examines several forecasts and outlines the issues in a new commentary.
Amid U.S. efforts to strengthen supply chains and counterbalance China’s growing influence, Mexico is poised to benefit from “nearshoring,” writes scholar Adrian Duhalt. This brief explores how the Inflation Reduction Act and rising trade tensions between the U.S. and China could help Mexico secure its top trading position with the U.S. for years to come.
With major elections approaching in both the U.S. and Mexico, Tony Payan, Jose Ivan Rodriguez-Sanchez, and Edward M. Emmett discuss what's ahead for Mexican affairs and U.S.-Mexico relations.
What's behind the rise of U.S. manufacturers “nearshoring” to Mexico? In this report, fellow David A. Gantz explores the historical drivers fueling this trend and the reasons why Mexico may struggle to attract foreign investment in the near future.
Seventy years after Mexican women gained the right to vote, two women are running for the presidency in 2024. Concerted legislative reform has built on women’s suffrage — aiming to achieve equal representation for women — but there is more work to be done.