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Mexico Surpasses China as Leading Importer to U.S. for First Time in 20 Years
Posted on 2/7/24 at 4:12 pm
Posted on 2/7/24 at 4:12 pm
Import of Mexican goods was up 5% over the past year, while import of Chinese goods was down 20%.
How much of this can be attributed to Bidenomics? I assume the majority could be attributed to him mainly on account of his policies being in place now for 3 years.
Anyone on the supply side care to weigh-in on which policies are effectuating this monumental shift?
How much of this can be attributed to Bidenomics? I assume the majority could be attributed to him mainly on account of his policies being in place now for 3 years.
Anyone on the supply side care to weigh-in on which policies are effectuating this monumental shift?
32
Posted on 2/7/24 at 4:13 pm to RFK
And that's not counting fentanyl!
Posted on 2/7/24 at 4:16 pm to RFK
Are they just counting all the stuff the migrants bring with them as imports?
Posted on 2/7/24 at 4:22 pm to RFK
Mexico has always been the best answer to our Chinese manufacturing problem.
Posted on 2/7/24 at 4:23 pm to RFK
God bless you Juan
Posted on 2/7/24 at 4:24 pm to RFK
Now we know why Chyna is moving in on Mex
Posted on 2/7/24 at 4:27 pm to RFK
This is a great thing. Many folks on here wanted to see our dependence on Chinese trade reduced.
This post was edited on 2/7/24 at 4:28 pm
Posted on 2/7/24 at 4:30 pm to RFK
quote:
Import of Mexican goods was up 5% over the past year, while import of Chinese goods was down 20%.
I'd be willing to be a lot of the Mexican increase is autos.
China is bleeding manufacturing to other countries like Vietnam and Cambodia.
Mexico being up isn't necessarily the reason China is down.
Posted on 2/7/24 at 4:30 pm to RFK
I think the Trump v China trade war had some to do with it. It scared many importers(my company too) to look into diversifying across a broader base. China's economy is in a rough patch as well I think.
Posted on 2/7/24 at 4:35 pm to RFK
Posted on 2/7/24 at 4:36 pm to RFK
Illegal immigrants don't count
Posted on 2/7/24 at 4:56 pm to RFK
We ought to create an Americas free trade zone and eliminate all tariff/restrictions between every country in North and South America. Never understood why we don't do this.
Posted on 2/7/24 at 4:58 pm to RFK
quote:
Anyone on the supply side care to weigh-in on which policies are effectuating this monumental shift?
The CCP and the State of California's covid response
Posted on 2/7/24 at 4:59 pm to RFK
Does that number include illegals?
This post was edited on 2/7/24 at 5:00 pm
Posted on 2/7/24 at 5:11 pm to RFK
Covid supply chain disruption.
Posted on 2/7/24 at 5:12 pm to RFK
Good
Posted on 2/7/24 at 5:14 pm to RFK
quote:
Mexico Surpasses China as Leading exporter to U.S. for First Time in 20 Years
FTFY
Posted on 2/7/24 at 5:18 pm to RFK
This is great. Since we are basically one Nation anyway.
Posted on 2/7/24 at 5:25 pm to RFK
100% support more outsourcing to Mexico rather than Eastern Asia. A strong and prosperous Mexico is great for the US.
Posted on 2/7/24 at 5:29 pm to RFK
That Peter Zehan guy predicted this over a year ago on Rogan
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