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'Made in Mexico' push aims to offset Trump's tariff threats
Bangkok Post Group
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6 months ago
As U.S. President Donald Trump’s tariff threats loom over international markets, Mexico has launched a ‘Made in Mexico’ campaign hoping to boost national industry. - REUTERS
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00:00
Signs that read, made in Mexico, are popping up at stores and supermarkets like this one
00:06
in Mexico City as part of a Mexican government campaign to boost national industry.
00:12
It comes as U.S. President Donald Trump's tariff threats hang over Mexico, a top trading
00:17
partner with the potential to severely strain its economy.
00:22
Shopper Antonio Andrade told Reuters he supported the plan to highlight local products.
00:26
We have to leave behind the belief that things made in Mexico have regular quality.
00:33
No, there are many good things produced in our country.
00:36
Now, more than ever, we must collaborate and have solidarity with our economy.
00:41
For our own good, we must buy things made in Mexico.
00:47
At this street market, Elena Lopez also said she is trying to buy more homegrown goods.
00:53
Obviously, with everything going on with the United States, the new tariffs, we are trying
00:58
to consume more of what we have in the country.
01:03
The campaign was launched in February by Mexico's economy minister, who said buying Mexican-made
01:09
goods will help provide jobs in the country.
01:12
Barbara Botelho, also with the economy ministry, is the head of the campaign.
01:20
With made in Mexico, we want our companies and products to have the recognition because
01:25
they have a certain quality.
01:27
They create jobs, they create a production chain that provides Mexico the opportunity
01:31
to have a strong economy in the midst of any attack that may come from abroad.
01:37
A similar buy Canadian movement has taken shape in Canada, another top U.S. trading
01:42
partner that has sent ripples of concern through the executive offices of U.S.-based consumer
01:48
companies that banked on selling their products on Canadian retail shelves.
01:53
Trump is expected to announce a full suite of international trade policies, including
01:58
tariffs, on April 2.
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