Nearshoring vs. Maquiladora A maquiladora is a specific type of nearshoring practice where US companies set up factories in Mexico to benefit from lower labor costs and favorable trade policies, such as those in the USMCA. Unlike general nearshoring, which can include various industries and partne...
Next, suppose your community met only other people’s needs—that is, your businesses were 100 percent dedicated to exports, like the Mexican maquiladoras that line the southern border of the United States. Now you’re making money, but you’re also a sitting duck that can be blown away ...