Merging U.S. and Mexico supply chains could boost recovery and cut overreliance on China
The policy is called ‘ally shoring.’
Volkswagen Jettas produced in Mexico for export are parked at the port terminal in Veracruz, Mexico.(Felix Marquez - AP)
By Antonio Garza
In his first 100 days, President Joe Biden set out rebuild vital economic and political relationships with our allies in the region and around the world. Mexico, a crucial ally and one of our leading trade partners, has been at the top of the list. As the Biden administration continues to engage south of the border, so-called “ally shoring” offers an approach that would strengthen bilateral cooperation and support economic recovery.
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(Warning: This column contains enough clichés to meet your needs for the next month.)
So far, the Biden administration seems to be pursuing the “go big or go home” strategy on many fronts, notably the Covid relief bill and now the infrastructure proposal with its very broad concept of what infrastructure means. The president has a lot of experience in public policy and knows that the first two years of a presidential term are the best time to accomplish something. That is particularly true right now. With party margins so narrow, the 2022 elections could produce changes in control of both bodies, which would bring much of Biden’s agenda to a halt. He may also be a believer in the “best defense is a good offense” strategy accomplishing as much as you can right away in order to make a convincing case to the voters that your party should retain power.
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