In recent times, there is a trend where economic agents are moving their production closer to their consumers with the idea of making supply chains much more regional rather than global. Nearshoring, economists call this. Why and how is this happening? Indeed, COVID-19 revealed weakness in having distant suppliers, but trade policy and measures, such as free trade agreements, “industrial policy”, trade remedies, sanctions, among other reasons have been playing a key part in the supply chain relocation phenomenon.

In this panel, we will explore how these government policies are impacting or should impact when deciding to nearshore.