U.S. relations with China have fractured over the years, making doing business overseas more expensive, and because of that experts believe that Mexico could overtake China in becoming the top manufacturer for American companies.
“American and International companies (including Mexican companies) are setting up and have been setting up now for the past five to seven years production in Mexico because it’s close to the market,” Ricardo Rubiano, founder of real estate investment firm RubiGroup Capital, told The Epoch Times. “The products are delivered quickly into the United States marketplace. We have a cultural relationship with Mexico that we understand better, 30% of the population in the United States will be Hispanic. So there is a lot of interconnectivity with a country like Mexico.”
