#Canada and #Mexico are written into US Inflation Reduction Act and Chip Act. Will this boost the North American Integration?
Among the three major supply chain hubs, Asia and Europe are well integrated with the countries in their region. This regionalization helps the Asian and European hubs to source different skill sets, lower cost manpower, lower cost raw materials, financing, and market access. This regional chains make products more price competitive than the North American supply chain.
Canadian natural resources and skill sets, Mexican labor market, natural resources and skill sets are not fully integrated with United State manufacturing sector and skill sets to get the competitive edge over other two supply chain hubs.
#Canada and #Mexico are written into US Inflation Reduction Act and Chip Act. Will this boost the North American Integration?
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