Mexico says yes to reform – they want to amend the current supply chain industries
Lopez 23, (As a managing editor for Industry Dive, Edwin is responsible for the daily operations and strategy at Supply Chain Dive) 1-11-2023, “US, Mexico and Canada take on 5 initiatives to strengthen supply chain resilience,” Supply Chain Dive, https://www.supplychaindive.com/news/us-mexico-and-canada-take-on-5-initiatives-to-strengthen-supply-chain-resi/640127/ //mish
The two-day summit saw the countries’ leaders and their delegations focus on a series of topics, including efforts to combat climate change, drug trafficking and racism. The leaders also focused significantly on economic issues, as the three countries seek to build more resilient supply chains in key industries. Ahead of the summit, the U.S. and Mexico publicized a shared desire to collaborate on actions that would attract supply chains currently based in Asia to move to North America. The U.S. last year passed the CHIPS Act, a law that incentivizes semiconductor manufacturing investments in the country. And in December, Mexico’s Economy Secretary Raquel Buenrostro met with U.S. Secretary of Commerce Gina Raimondo to discuss the relocation of companies from Asia to North America and ways to strengthen semiconductor and printed circuit board supply chains, according to a readout of the meeting.