Growing Nearshoring Trend Intensifies Among US Companies

Trade & Border IssuesHot Spots
Written By Jennifer Joslyn

🌎 Growing Nearshoring Trend Intensifies Among US Companies.

US companies are increasingly embracing nearshoring as a response to the pandemic and tightening sanctions. Mexico has emerged as a key nearshoring destination, with the country surpassing China as the top trade partner for the US. The trend has led to the opening of new businesses, industrial parks, and increased exports in Mexico, while cities like Laredo, Texas, have become important trade hubs on the US-Mexico border.

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Jennifer Joslyn
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