NEWS
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RESOURCES
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RealClearPolitics / November 18, 2021
USMCA's 'Three Amigos' Must Have a China Focus "In their deliberations today, the three leaders can deploy a powerful tool to meet the challenges of unfair economic practices. They can strengthen North American supply chains like ours and substitute them for longer and more fragile chains that extend to China and other distant parts of the world." Read the article here. Press Release / November 18, 2021
Mexican Steel Maker Urges North American Leaders to Meet Challenge of 'Improper Economic Conduct of China' at DC Summit In the ad, Raul Gutierrez, the Chairman of Deacero, a 70-year-old Monterrey-based steel company with operations in Mexico and the U.S., tells leaders the summit: "should be to safeguard key industries. For example, Section 232 tariffs and other mechanisms to avoid circumvention on steel and derivatives should remain in effect until the North American manufacturers have recovered sufficient production and employment levels -- in other words, until there is a real solution to global steel excess capacity caused by China and other countries." Read more here. Reuters / November 14, 2021
Retailers lose love for Asia: Snarled supply chains force manufacturing exodus to Balkans, LatAm (Nov. 9) "Major clothing and shoe companies are moving production to countries closer to their U.S. and European stores, smarting from a resurgence in cases of the Delta variant of the coronavirus in Vietnam and China that slowed or shut down production for several weeks earlier this year. The disclosures come amid a massive shipping logjam that is driving up costs and forcing companies to rethink their globe-spanning supply chains and low-cost manufacturing hubs in Asia..." Read more here. |
The White House / November 18, 2021
Fact Sheet: Key Deliverables for the 2021 North American Leaders' Summit "[The Leaders] reiterated our strong ties and integration, and willingness to chart a new path for our partnership at a time when we face incredibly complex global challenges. The Leaders pledged to take concrete actions in support of our joint goals, to include: ending the COVID-19 Pandemic and advancing Global Health; fostering competitiveness and creating the conditions for equitable growth, and coordinating a regional response to migration." Read the briefing here. PIIE blog / September 21, 2021
Bringing supply chains back to Mexico: Opportunities and obstacles"The most promising candidate for large-scale nearshoring is Mexico, due to its geography, existing high level of economic integration with the United States, and participation in the high-standards United States-Mexico-Canada Agreement (USMCA). But so far at least, Mexico has not lured substantial new investments that could supplant Asian production serving the US market..." Read the column here. The Baker Institute / November 2020
NORTH AMERICA’S SHIFTING SUPPLY CHAINS: THE USMCA, COVID-19, AND THE U.S.-CHINA TRADE WAR ![]()
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