Beyond reshoring: Nearshoring to Mexico
Despite political pressure to reshore, Mexico’s cost advantages, labor availability, and supportive industrial policies are making it the top destination for manufacturers exiting China
The time has come to think beyond reshoring to what comes next. Although the massive Trump tariffs were at least partially intended to drive manufacturing back to America, it just hasn’t happened. At the Reshoring Institute, we like to say that manufacturing went out like a tsunami, and it is coming back in raindrops. So if manufacturing isn’t coming back to America, what are companies doing now?
