Mexico’s President Claudia Sheinbaum has announced plans to reduce imports from China. Instead, the country will offer a variety of incentives for nearshoring and to increase the amount of locally made goods and materials.

The announcement is effectively part of a recent series of events and announcements at levels of manufacturing, logistics, and finance to support trade between Mexico and the United States even as Donald Trump has called for a 25% tariff on Mexico and Canada. Now, though, a doubling down on nearshoring could have important implications for industrial CRE.


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