Flu.Watch - Influenza News and Updates
Reports on the Coronavirus and Influenza Around the World
  • Home
  • Updates
Navigation: Main Page > Updates > As pandemic disrupts supply chains, Mexico tries to lure U.S. firms from China

Breaking News

Answers to 9 crucial questions about the coronavirus variants spreading around the world
Prisons are covid hot spots. But few countries are prioritizing vaccines for inmates.
Biden Outlines $1.9 Trillion Spending Package to Combat Virus and Downturn
What’s in Biden’s $1.9 Trillion Stimulus Plan
Biden’s $1.9 trillion Covid relief plan calls for stimulus checks, unemployment support and more

Updates

As pandemic disrupts supply chains, Mexico tries to lure U.S. firms from China

Editor Washington Post August 13, 2020

“As a result of the covid, many global value chains are going to form regional chains for reasons of efficiency, profitability and also for safety,” said Ernesto Acevedo, the country’s deputy economy minister. “Mexico is going to take advantage of this moment.”

U.S. companies were beginning to shift some production away from China before anyone had heard of covid-19. Aside from trade tensions, firms complained about intellectual property concerns, rising labor costs and political instability. In February, the consulting firm Gartner found that 33 percent of global supply-chain leaders had either shifted sourcing and manufacturing activities out of China or planned to in the next three years.

The question, then, is where those companies will relocate. Countries across Southeast Asia are attempting to attract them. Japan set aside $2.2 billion this year for the effort. President Trump made his own pitch of sorts on Twitter last year, ordering U.S. firms to “immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.”

Enter Mexico, …continued .
[Source: Washington Post]

Related Posts

Updates /

Answers to 9 crucial questions about the coronavirus variants spreading around the world

Updates /

Prisons are covid hot spots. But few countries are prioritizing vaccines for inmates.

Updates /

Biden Outlines $1.9 Trillion Spending Package to Combat Virus and Downturn

‹ Europe rushed to house the homeless as coronavirus hit. Advocates worry the changes won’t last. › Children with special needs experiencing ‘regression’ from lockdowns, says Rachel Campos-Duffy
January 2021
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Dec    

Recent Updates

  • Answers to 9 crucial questions about the coronavirus variants spreading around the worldAnswers to 9 crucial questions about the coronavirus variants spreading around the world
  • Prisons are covid hot spots. But few countries are prioritizing vaccines for inmates.Prisons are covid hot spots. But few countries are prioritizing vaccines for inmates.
  • Biden Outlines $1Biden Outlines $1.9 Trillion Spending Package to Combat Virus and Downturn
  • What’s in Biden’s $1What’s in Biden’s $1.9 Trillion Stimulus Plan
  • Biden's $1Biden’s $1.9 trillion Covid relief plan calls for stimulus checks, unemployment support and more

Flu Watch Monthly Archives

  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020

Browse by Popular Tag

Business Insider BuzzFeed CBS News Centers for Disease Control and Prevention CNBC CNN Fox News Huffington Post New York Times The Guardian Washington Post World Health Organization Yahoo News

Back to Top

  • DMCA / Copyright
(c) 2020 Flu.Watch