TUCSON, Ariz. — After visiting the U.S.-Mexico border in El Paso, President Biden moved on to Mexico City for a summit with the Mexican President and the Canadian Prime Minister. Part of their discussions will be about how to bring more industry back to North America from places like Asia.
“What we're seeing now is more of a diversification saying, I'm going to not have a 2000-person operation in Asia anymore. I'm going to maybe reduce that to 500 or a thousand. And I'm going to move operations in different parts. I'm going to move some back to North America. I might go back to the United States, I'm for sure going to go into Mexico. And I'm also going to maybe look at Europe or South America.
He says making products in Mexico, creates jobs in the U.S. too because parts and expertise go back and forth across the border to create finished products.