Nearshoring Momentum Stalls for Mexico Amidst Uncertainty in 2024 Elections

As Mexico grapples with its position in the global supply chain landscape, the nearshoring trend appears to be stalling, particularly in light of the upcoming U.S. presidential elections. In a significant turn of events, major companies like Tesla and BYD are adopting a more cautious strategy, choosing to wait and observe the political developments across the border before making crucial investment decisions.

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