I think that the smaller and mid-level bougies are going to pivot their manufacturing out of the PRC and toward Mexico in the coming years for a handful of reasons (which should be obvious?)
Without a sizeable exploitable labor force facilitated by the PRC I guess it's the logical option since you have proximity, NAFTA, and plenty of poverty working in your direction.
I heard one of these bougies talk about how a partner company is "onshoring" their manufacturing from China to Mexico and it skeeved me out with the vague implication that China was opportunistically exploited labor, but Mexico is rightfully exploitable by American capital. I guess I shouldn't expect them to see the term "offshore" as referring to anything other than the literal ocean, since they have no conception of economic exploitation.
NAFTA already pulverised Mexico. if firms shift to Mexico its literally just because Chinese labor prices went up (compounded with shipping costs/difficulty) and Mexico's haven't.
the "Drug War" features alot of government-cartel collaboration. both are broadly anti-left, i don't think more US capital would change this. The people Coke had suppress the union in Colombia for example were traffickers
Yeah mexico has already been very fucked by us trade. It would just be that but worse.