By  on May 19, 2017

MEXICO CITY — Mexico's textiles and apparel exports surged 10 percent to roughly $2 billion in the first five months of the year as a sluggish peso lured U.S. apparel firms, despite lingering risks from President Trump's protectionist policies.

"So far the year has been good," said Alfonso Zepeda, general manager of main apparel lobby Canaive's chapter in Guadalajara, Mexico's second-largest city. "Many new U.S. companies are paradoxically looking to increase orders from Mexico because of the peso's decline, especially with those that have modernized their manufacturing technology."

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus