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Odd Lots

Why a Former Freight Broker Is Making a Major Bet on Mexico

Apr 8, 2024
41:22
Snipd AI
Former freight broker and Mexico trade expert Matt Silver discusses the surge in US imports from Mexico due to supply chain shifts. Topics include nearshoring trends, challenges in cross-border freight transportation, and the impact of USMCA and Covid on trade dynamics.
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Podcast summary created with Snipd AI

Quick takeaways

  • US-Mexico trade surge due to friend-shoring post-Trump era and COVID disruptions.
  • Cross-border logistics complexity with customs, trucking, and delays emphasizes trade challenges.

Deep dives

U.S.-Mexico Trade Dynamics and the Concept of Friend-Shoring

The recent uptick in U.S.-Mexico trade has been attributed to the notion of friend-shoring, driven by the evolving trade landscape post-Trump administration and adapting supply chains due to COVID disruptions. Companies are exploring moving production away from China to Mexico or Southeast Asia. This shift has been facilitated by factors such as USMCA regulations and challenges faced with Chinese tariffs, emphasizing the significance of understanding the motives behind this trade upsurge.

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