Mexico’s president should be happy and ready for further cooperation.
I read that japanese car companies in Mexico decided that 16$/hr was cheaper than moving the entire factory to the USA, so they decided to keep their factories in Mexico, and to meet the USMCA agreement provisions, INCREASE THE WORKERS WAGES BY A FACTOR OR THREE!
Incredible. And even though the factory remains in Mexico, I think it is a win win. Workers will remain in Mexico and prosper. I hope it has a trickle down effect and raises wages elsewhere.
Well we’ll see over time what the results are long range.....