Trump's China tariff threats are helping fuel a manufacturing boom — in Mexico

The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give American companies a more even playing field.

Topics

China's Export Boom Means Trump Tariffs Would Hit Beijing Where It Hurts

The country’s economy is increasingly reliant on foreign demand for goods pouring out of Chinese factories.
The Wall Street Journal - 2d
Canada’s Trudeau Cautions U.S. Consumers to Consider Harms of Trump’s Tariff Threats

Dismissing the president’s bluster about a 51st state, the departing leader urged Americans to think about the impact of high prices that will accompany new import taxes.
Inc. - 1d
Threat of Trump tariffs adds to global economic uncertainty, IMF warns

Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the world
Financial Times - 4d
Mexico president addresses fentanyl production after Trump's tariff threat

President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.
CBS News - 6d
China’s currency hits 16-month low on Trump tariff fears

Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plans
Financial Times - Jan. 8
China hits dozens of U.S. companies before expected Trump tariffs

China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."
CBS News - Jan. 2
Trump tariffs pose a greater threat to South Korea’s economy than domestic political chaos, BOK official suggests

The South Korean economy has to grapple with internal political turmoil and the threat of tariffs by U.S. President-elect Donald Trump in 2025.
CNBC - Jan. 2
Mexico, Betting Trump Is Bluffing on Tariffs, Sees an Opportunity

Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.
The New York Times - Jan. 2

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