Tariffs could redirect manufacturing to Mexico rather than U.S., says GlobalData

A fresh wave of US tariffs introduced in April 2025 is intensifying pressure on global supply chains—but companies operating under the United States–Mexico–Canada Agreement (USMCA) are getting a crucial reprieve. Goods that meet USMCA’s regional content requirements remain exempt from these tariffs, offering a competitive edge to manufacturers sourcing and producing within North America. According…