Mexico Surpasses China as the Number One Exporter to the US
===============
#003e8cdb ver:0.66
Mexico has become the top exporter to the US, surpassing China, with a record-high of $44 billion in May. Japan's exports also grew, with a 13.5% surge in May, driven by the US and other Asian countries. However, trade with Europe declined. The weak yen and rising prices played a role in driving growth. Despite challenges, Japan leverages its strengths in manufacturing and innovation. Mexico's advantage over Canada in the US import market has increased, with a trade surplus of $68.14 billion. Chinese imports to the US dropped 20%, while Mexican imports rose 5%. Chinese companies are moving to Mexico to avoid US tariffs. Mexico is an oppressed nation with a large debt burden....
#newstr #Japan #Mexico #Exports #Trade #Us
https://here.news/story/003e8cdb?ver=0.66
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npub1jc…urhmd
2024-07-13 16:05:55
Author Public Key
npub1jccmgkhgkufzcwvkfvrqk0pt8gmy8e5a0sj2aenddwrlxuynp8vqmurhmdPublished at
2024-07-13 16:05:55Event JSON
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"content": "Mexico Surpasses China as the Number One Exporter to the US\n===============\t\n#003e8cdb ver:0.66\n\nMexico has become the top exporter to the US, surpassing China, with a record-high of $44 billion in May. Japan's exports also grew, with a 13.5% surge in May, driven by the US and other Asian countries. However, trade with Europe declined. The weak yen and rising prices played a role in driving growth. Despite challenges, Japan leverages its strengths in manufacturing and innovation. Mexico's advantage over Canada in the US import market has increased, with a trade surplus of $68.14 billion. Chinese imports to the US dropped 20%, while Mexican imports rose 5%. Chinese companies are moving to Mexico to avoid US tariffs. Mexico is an oppressed nation with a large debt burden....\n\n#newstr #Japan #Mexico #Exports #Trade #Us \n\n https://here.news/story/003e8cdb?ver=0.66",
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