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Produced by Journal of Commerce Custom Content in partnership with DP World
Evolving dynamics of United States–China trade relations are prompting North American importers to diversify vendors and bring sourcing closer to home. Nearshoring is gaining momentum as a strategic response to trade barriers, rising labor costs in Asia and pandemic-induced supply chain disruptions. Adopting or expanding a nearshoring strategy requires legal and regulatory compliance intricacies; solving shipper dependability challenges; and new language, infrastructure and cost considerations.
The reelection of Donald Trump has led to increased debate on North American trade and pushed potential tariff hikes into the spotlight, with trade embargoes threatening to reshape supply chains. This white paper explores the increasing need for the creation of extensive intra-Americas supply chains, key steps to take in transitioning from existing Asian suppliers, and the impact of community and technological investments.
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Nearshoring Unlocked
Strategic Solutions for Supply Chain Resilience in the Americas