Mexican Manufacturers Unfazed by Trump’s Tariff Threats at Nearshoring Event

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Dallas Market Center debuted the Nearshoring America Expo this week. Connecting manufacturers and distributors in one location, the first-of-its-kind event featured an invitation-only showcase of factories, shelter companies, and supply chain providers chosen for their proven track record and ability to support U.S. importers. Enterprises including sourcing agents, trading companies and design and production consultants were also represented.

“This is a curated show of factories and service providers selected based on their history, operating experience and delivery in key categories including apparel, fashion accessories, footwear, residential and commercial lighting, home furnishings, and gifts,” said Cindy Morris, Dallas Market Center president and CEO. “Our team traveled extensively in Latin America and built a network of local agents to help identify qualified exhibitors. We also created partnerships with key trade associations.”

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Dallas Market Center’s decision to launch the Nearshoring America Expo was made well in advance of the 2024 U.S. election results. Since then, President-elect Donald Trump’s threats of tariffs against Mexico and the BRICS countries, including Brazil, have added a layer of uncertainty to global trade. Nevertheless, Morris said she remains confident that creating an event that educates and inspires will be successful as importers think about long-term opportunities.

While the shift to sourcing in Asia was largely motivated by price, she said the “brands we serve want to save time, take uncertainty out of the supply chain, and look to Latin America for quality goods delivered efficiently.”

Morris said many of Dallas Market Center’s exhibitors are either already producing in Latin America or are eager to explore the capabilities. She noted that she’s seeing “remarkable quality and production ramping up in Latin America.”

She added that many leading companies from several industries have encouraged a juried event in Dallas given recent challenges to overseas production and interrupted supply chains. “They requested the event be created by the industry for the industry,” she said. “They also understand our commitment to supporting more efficient trade; our unique access to brands, factories, and service providers as well as our long-standing relationships with them; our purpose-built marketplace infrastructure and operations; our geographic advantages for easy travel; and our safety and controlled access for both attendees and exhibitors.”