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China Genius Technique of Using Mexico To Avoid US Tariffs!
China Genius Technique of Using Mexico To Avoid US Tariffs!
Are U.S. sanctions hurting China? With multiple trade Routes, it's the U.S. losing out. China isn't the one regretting the tensions; it has plenty of options for business. It's now leveraging Mexico as a new trade partner. But how is it making this work?
Every day in El Paso, Texas, thousands of trucks line the highways, stretching for miles as they transport billions of dollars worth of goods across the U.S.-Mexico border. These scenes reflect a massive shift in global trade dynamics that few could have predicted. For the first time in over two decades, Mexico has overtaken China to become the largest supplier of goods to the United States, marking a monumental realignment in international trade.
In 2023 alone, Mexico exported $475 billion worth of goods to the U.S., edging past China’s $427 billion in exports. The reasons behind this shift are multifaceted, driven by geopolitical tensions, evolving trade policies, and strategic investments in nearshoring.
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