Mexico could gain from trade war

After two years of a U.S.-China trade war, multinational companies that manufacture in China are getting restless. Escalating U.S. tariffs, on top of rising labor costs, and the capricious hand of the Chinese state are forcing manufacturers to rethink their global presence.

Yet just as the world’s C-suites and boardrooms are mulling where to put their next plants and production facilities, Mexico is taking itself largely out of the game, Bloomberg reports.