For First Time in Two Decades, U.S. Buys More From Mexico Than China

URLhttps://www.nytimes.com/2024/02/07/business/econom
Sourcenyt
Date Published02/07/2024
Author Namesimon romeros

Additional Reshoring Information:

Company/Division name Hisun
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Nearshoring
Year reshoring announced:2024
Capital investment ($):152
Country(ies) from which reshored:China
City reshored to:Saltillo
State(s) reshored to:Mexico
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredATV
What non-domestic negative factors made offshoring less attractive?Strained offshore relationships
What domestic positive factors made reshoring more attractive?Geopolitical Risk
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