The U.S. chip industry says as much as $50 billion in federal incentives will be needed to halt a decades-long trend of manufacturing moving overseas as China spends heavily to become a leading semiconductor producer.
Trade consultant Nelson Balido, principal of Balido & Associates, outlines what Mexico's government must do in order for that country to become an attractive alternative for manufacturing products destined for U.S. consumers.
A U.S. company selling a chemical across Mexico that is essential for making heroin stopped all sales in the country after an investigation found it was easily diverted to produce the drug fueling a U.S. epidemic.
