Mexico invests in port capacity despite U.S. tariff troubles

Mexico is moving ahead with plans to expand its Pacific port of Manzanillo despite some seemingly big headwinds.

The Mexican government aims to transform Manzanillo on Mexico’s Pacific into the largest seaport in Latin America, capable of processing some 10 million TEU (twenty-foot equivalent units) per year by 2030. The port currently handles about 4 million TEU/year and is the 3^rd largest port in Latin America,