Mexico may offer fix for exporters in Trump bind
Tuesday, August 2, 2016
For Allied Tool & Die Company, Donald Trump's threats to tear up trade deals and impose steep tariffs if he becomes the next U.S. president means considering doubling down on Mexico as a base to manufacture for foreign markets.
The Phoenix-based aerospace supplier, and a small but rising number of U.S. companies with plants in Mexican industrial hubs like the border city of Mexicali, say they may have to increase their capacity in the country's lower cost base to sell goods abroad if the Republican nominee wins the White House.
Source: Reuters