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Why ‘Made in China’ Is Becoming ‘Made in Mexico’

Why ‘Made in China’ Is Becoming ‘Made in Mexico’

28:392023-02-21

Jaksokuvaus

The great supply chain disruption caused by the coronavirus pandemic scrambled the shipping system across the Pacific.Although mostly over, the turmoil has led to alterations in the way the global economy functions. One such change can be seen in Mexico, where companies from China are increasingly setting up shop.Guest: Peter S. Goodman, a global economics correspondent for The New York Times.Background reading: Alarmed by shipping chaos and geopolitical fractures, exporters from China are setting up factories in Mexico to preserve their sales to the United States.Laredo, a Texas border city, is primed to become one of the world’s most important land ports as American companies reduce their reliance on factories in Asia.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

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