"It's a paradox that there's so much money in North America and the Pacific ports are saturated with goods from Asia," Lopez Obrador said. On Thursday, Trudeau and Biden "underscored their commitment to supply chain security," according to a statement after their meeting. Lopez Obrador agreed, saying Mexican consumers are also waiting for cars or household appliances because of the semiconductor shortage. The comments marked a welcome return to putting North America first, said Ildefonso Guajardo, a former Mexican economy minister who oversaw trade negotiations with the Trump administration. "The new reality of the supply chains and logistical disruptions caused by COVID to international trade obviously means we have to give more priority to North America," he said.

Source: The North Africa Journal November 20, 2021 09:55 UTC