'Hedging Your Bets' by using 'Nearshoring'

Today, we'll be discussing the trend of companies transferring their operations to nearby countries, because of geopolitical reasons, or because of recent disruptions in the global supply chain, like the shipping container crisis, and problems posed by Covid. For example, companies are relocating to Mexico in order to be closer to the U.S. market.  englishforeconomists.com/podcasts Podcast notes: https://englishforeconomists.com/hedging-bets-with-nearshoring/ ------ https://www.naturalgasintel.com/mexican-nearshoring-opportunities-seen-spurring-energy-needs/ Photo credit: Carlos Aranda in Unsplash