Mexico is now the largest U.S. trading partner — despite Trump’s tariff and border threats
By Mary Beth Sheridan Mary Beth Sheridan Correspondent covering Mexico and Central America Email Bio Follow April 25 at 12:34 PM MEXICO CITY — President Trump has threatened to rip up NAFTA. To shut the border with Mexico. To impose tariffs on the thriving car industry in Mexico.And yet, two years into his presidency, a strange thing has happened.U.S. census data released last week showed that Mexico’s trade with the United States rose to $97.
But U.S. imports from Mexico were up around $3 billion in January and February. Trump has expressed concern about the growing trade deficit with Mexico. William Reinsch, a trade expert at the Center for Strategic and International Studies, says Chinese shipments to the United States rose and then dropped sharply in recent months because companies there front-loaded exports before American tariffs took effect.
“The outlook for Mexico-U.S. trade relations is about as good as it’s been in the last 18 months or so,” said Gary Hufbauer, a senior fellow at the Peterson Institute for International Economics. “That’s probably giving companies some confidence.”
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