[OC] In 2022, Mexico traded more with Texas than it did with all of Asia and 6x as much as it did with all of LatAm.MedioBandido t1_jdipgj3 wrote
Reply to comment by 6158675309 in [OC] In 2022, Mexico traded more with Texas than it did with all of Asia and 6x as much as it did with all of LatAm. by latinometrics
Yes to an extent. It’s not 1:1. There’s a pretty convoluted formula used to determine country of origin depending on where the components come from. If you shipped 100% of components to Mexico where you glued them together, I don’t think you’d get away with an Hecho en Mexico.
6158675309 t1_jdjjh9h wrote
Yeah. I’m not sure for country of origin. I will see if I can find it. I was listening to a podcast and it was about Chinese firms buying up massive sites for factories in Mexico to get around US tariffs.
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