World News@lemmy.worldEnglish · 11 months ago

For First Time in Two Decades, U.S. Buys More From Mexico Than China

www.nytimes.com

cross-posted to:
worldnews@lemmit.online

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For First Time in Two Decades, U.S. Buys More From Mexico Than China

www.nytimes.com

BombOmOm@lemmy.world to

World News@lemmy.worldEnglish · 11 months ago

cross-posted to:
worldnews@lemmit.online

The United States bought more goods from Mexico than China in 2023 for the first time in 20 years, evidence of how much global trade patterns have shifted.

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11 months ago
The tarrifs were (and are) applied to China. Mexico, a signatory to USMCA, does not experience them.

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