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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 4:33 pm to oklahogjr
funny responses as i was thinking the same thing about head counts and articles being included, but seriously there is no reason why Mexico shouldn't be top every year.
Mexico should always be 2nd to made in the USA. The difference in labor should be offset by logistical cost and risk dealing with China.
Mexico should always be 2nd to made in the USA. The difference in labor should be offset by logistical cost and risk dealing with China.
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.
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