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BoA Mexico Head Says Nearshoring Will Continue

But what are the implications for logistics and warehousing?

By Erik Sherman | December 03, 2024 at 05:58 AM

Shortly after the presidential election, Donald Trump has threatened to hike tariffs on China, Canada, and Mexico, the three largest trade partners of the U.S. The president-elect told the two North American neighbors that they had to stop the flow of migrants and drugs into this country or face a 25% tariff on all goods.

Was this another of his off-the-cuff remarks that might indicate a decision or a tactic in some negotiation? And does it matter? Maybe not to commercial real estate.

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