If course it does and it provides employment for Mexicans who might otherwise be tempted to move north!Purchased a pair of boots from the US. The company makes boots in US and in Mexico. Same materials you couldn't tell one from the other, a Youtuber cut them in half to check. The difference in price is £200. They rational is to have the same quality for different pocket. They send the leather from a US tannery to Mexico, difference in labor cost tips the price.
That's what gets me about Trump and his Brexit fans over here. The wold economy has been globalist for a century. It's just that the balance of trade favoured the UK, US etc. That is now ending and the smart thing to do is to cooperate and negotiate with the new economies which will still need our goods and expertise in tech, education etc.
We don't have to be naive about that. A bit of carrot and stick would be involved and from all parties but Trump's blunderbuss is a very risky approach if the Chinese are anywhere near serious in what they've said so far!










