Mexico has become one of the biggest beneficiaries of recent supply chain shifts, but much of the value in those products still comes from components sourced in Asia. Patrick Van den Bossche explains how upcoming USMCA discussions could reshape nearshoring strategies, regional content rules and the future economics of North American manufacturing.
Tariffs aren’t impacting every manufacturer the same way. Eddy Azad, founder and CEO of Parsec Automation, explains why some companies gain an advantage while others struggle—and why preparation ultimately determines the outcome.
BIRMINGHAM, Mich. — Ongoing tariff uncertainty between the United States and Canada is continuing to affect manufacturing-related investment, equipment purchasing and supply-chain planning across North America, according to Associated Equipment Distributors (AED).
Overall, the United States-Mexico-Canada Agreement (USMCA) has been net positive for all three countries, and it has contributed to a dynamic, robust North American economy. However, the Trump Administration has indicated that without concessions from Mexico and Canada, the U.S. will not renew the agreement.
In imposing tariffs, Trump said his goal is to reduce the trade deficit and spur more manufacturing in the United States. One year into his second term, neither goal has been achieved. In fact, the opposite occurred.
WASHINGTON — The Supreme Court on Friday struck down a significant portion of President Donald Trump’s tariff program, ruling that the federal law he relied on does not authorize the president to impose broad import duties without congressional approval.
I’m no expert in international relations or economics, but it seems to me that if you want to encourage foreign direct investment in the U.S., you might want to play nice with the folks who are writing the checks.
Despite a challenging quarter, electric vehicle (EV) sales more than doubled, helped by new models like the electric Chevy Equinox. GM now holds 16% of the U.S. EV market, second to Tesla.
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