"Most are domestic assembly plants, with some exported to Central America."
"Are these car companies using technology from ten years ago or the latest? Can your home appliances compete with products from Japan and South Korea? Without tariff protection, how many of your factories can survive?"
Mendoza's expression changed slightly and he didn't respond immediately.
"Gentlemen, I'm not here to deny the importance of traditional industries."
Bramo's tone softened a bit, "Oil and manufacturing have been the foundation of Mexico's economy in the past, and they still are today. But the foundation cannot remain unchanged forever. The world is changing, technology is advancing. If we don't invest in the future now, there will be no place for us in the future."
