| | Starting in 1994, [[NAFTA]] greatly boosted Mexico's exports to the U.S. and made the country more attractive for foreign investment. It also helped it to weather the 1994-1995 peso crisis by ensuring access to U.S. and Canadian markets. There has been a growth in the orther states of Mexico of large multinational companies whose maquiladora assembly operations have gained an increasingly larger proportion of Mexico's export production. Meanwhile, the proportion of production by smaller manufacturing firms and other producers has steadily shrunk. Mexico continues to be an importer of technology and innovative processes, and likewise remains heavily dependent on the performance of the U.S. economy. Manufacturing remains concentrated in the Federal District, Jalisco and Nuevo León. Mexico's inadequate road system, particularly in the central and southern states, is a serious impediment to attracting foreign investment in those regions, as well for exploiting the full potential of NAFTA.<ref>Edward J. Chambers, and Peter H. Smith, eds. ''NAFTA in the New Millennium.'' (2002) 520 pp. scholarly studies on trade, labor, migration, transport, and the environment. | | Starting in 1994, [[NAFTA]] greatly boosted Mexico's exports to the U.S. and made the country more attractive for foreign investment. It also helped it to weather the 1994-1995 peso crisis by ensuring access to U.S. and Canadian markets. There has been a growth in the orther states of Mexico of large multinational companies whose maquiladora assembly operations have gained an increasingly larger proportion of Mexico's export production. Meanwhile, the proportion of production by smaller manufacturing firms and other producers has steadily shrunk. Mexico continues to be an importer of technology and innovative processes, and likewise remains heavily dependent on the performance of the U.S. economy. Manufacturing remains concentrated in the Federal District, Jalisco and Nuevo León. Mexico's inadequate road system, particularly in the central and southern states, is a serious impediment to attracting foreign investment in those regions, as well for exploiting the full potential of NAFTA.<ref>Edward J. Chambers, and Peter H. Smith, eds. ''NAFTA in the New Millennium.'' (2002) 520 pp. scholarly studies on trade, labor, migration, transport, and the environment. |
| | + | [[Ford]] Motor Company previously agreed with its workers, the [[United Auto Workers]] (UAW), to spend $900 million on a new electric vehicle product line for its Avon Lake, [[Ohio]] plant. The UAW had endorsed Joe Biden in the 2020 election. By March of 2021, Ford announced it was shifting production to Mexico claiming "conditions had changed since 2019" when the agreement was made, according to ''[[Reuters]]''.<ref>https://www.reuters.com/article/us-mexico-ford-ohio-idUSKBN2B82V9</ref> The junta refused to enforce provisions of the [[USMCA]], which replaced the [[NAFTA]] trade deal. |