‘Made In Mexico’ Is The New ‘Made In China’ | The Big Take

For decades, companies looking to lower costs have resorted to offshoring—moving their manufacturing to China and other nations in Asia. But US-China tensions and a desire to simplify long, complex supply chains are now leading a growing number of businesses that serve US customers to do the reverse—“nearshoring.” They’re relocating some or all of their operations to Mexico.

Bloomberg’s Maya Averbuch and Leda Alvim join this episode to talk about Mexico’s manufacturing boom in everything from electric vehicles to baked goods—and why it’s a critical moment for the country’s economy.

Read moreMexico’s MomentThe Biggest US Trading Partner Is No Longer China ()

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Each weekday, The Big Take brings you one story—one big, important story. Host Wes Kosova talks to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what’s happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology—we cover it all on The Big Take.

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