Partners Christopher Swift and Alejandro Gómez-Strozzi were quoted in a Law.com article, “Foley & Lardner Sees US-Mexico Trade Continue as Companies Scramble to Produce Essential Goods,” about how companies in the two countries can continue to operate as the coronavirus pandemic spreads.
Gómez-Strozzi, who provides advisory and consulting services related to international commerce and administrative law in Mexico, said trade so far has not been disrupted as companies scurry to determine to what extent they should continue to produce goods and services while also taking care of their employees and doing what’s right for public health. “[W]e have been really busy trying to help our clients balance as needed in order to be disrupted less,” he said. “And to make things more interesting, the Mexican government has not been very clear as to what should and should not be done.”
Swift said that while cross-border trade continues to flow, companies have largely put plans to invest in Mexico on hold. “We expect to see future investments in cross-border manufacturing activity deferred for at least a quarter,” he said. “There’s just too much going on in the U.S. for people to focus on plans they had a month ago.”