The points in favor of Mexico, to export to the United States
Mexico City— Aspects such as a better location, low labor costs, and manufacturing supply chains mean that Mexico has greater tools than China to gain share of imports from the United States, according to an analysis by Bank of America (BofA ).
In the document "Mexico as a relocation destination should continue to gain market share in China" by BofA Global, the first aspect that stands out is the Agreement between Mexico, the United States and Canada (T-MEC), under which it would be possible to have Access to the US and Canadian market without tariffs or if they had them would be low.
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