A small company in northern Mexico had faced steep competition from China in making straps, plugs, fasteners, grommets, zip ties and clamps. Now, U.S. tariffs have driven a spike in his business.
Top concerns include the displacement of longtime residents as rents and food prices surge. Ire over the influx of well-heeled foreigners has been building for years.
Relying on Asian suppliers is no longer a safe bet for many factories in Mexico. Companies are racing to change, and they are being encouraged by the government.
The well-known Mexican boxer was detained by U.S. immigration agents in California on Wednesday, days after fighting a high-profile contest against the former YouTuber Jake Paul.
“We neither deny nor accept this,” Mexico’s president said about U.S. accusations that Mexican firms laundered millions of dollars in connection with fentanyl trafficking.
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