Just before Christmas, Mexico’s President Claudia Sheinbaum announced a significant increase in tariffs on textiles and apparel imports, along with the end of a “border-skipping” practice, which allowed U.S. e-commerce sellers to bypass tariffs on Chinese goods. The move – part of Mexico’s strategy to protect its own domestic textile industry and reduce reliance on Chinese imports – sent ripples through the global supply chain.
Read MoreMexico’s Tariff Move on Apparel Imports Disrupts Supply Chains, Pushes Firms Toward Reshoring in the US
