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RE: LeoThread 2025-02-01 10:54

in LeoFinance12 days ago

Part 4/10:

Manufacturing in the border city of Ciudad Juárez, for instance, is an industry fueled by relatively cheap Mexican labor. A substantial 60% of formal employment in that region revolves around these manufacturing plants. The looming tariffs could lead to many companies reconsidering their operations, potentially shifting factories to countries with lower costs and fewer restrictions. As crystallized by experts, if the operational costs rise due to tariffs, many firms might find it unprofitable to continue business within Mexico.

The Domestic Impact