Skip to Content

Trade uncertainty can be opportunity

November 6, 2019 Article 5 min read
Lou Longo
Trade disruption is not a passing phase — it’s the new normal. Here are four tips to help business leaders tune out the noise, think proactively, and turn chaos into opportunity. Read more in Industry Today.
International meeting with country flags on conference room tableA China-based manufacturing firm I know had decided earlier this year to shift production to Mexico as a way of sidestepping the worsening U.S.-China trade war. Then the White House announced that the United States would impose tariffs of up to 25% on all Mexican imports if the country didn’t crack down on illegal immigration.

Even though those tariffs didn’t go forward, the threat was enough to make the company tear up its plans and start looking for alternatives.

Related Thinking

Shipping worker standing in front of a stack of metal cargo crates.
August 16, 2019

It's time to think of trade wars as the new normal

Article 5 min read
Workers in a Mexico manufacturing facility looking at a board together discussing plans.
May 10, 2019

U.S. take note: Mexico emerging as world trade power

Article 2 min read
Business professionals in modern conference room discussing considerations for nearshoring.
September 19, 2023

Nearshoring to Mexico: Key considerations for manufacturers

Article 5 min read