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Mexico Outpaces China in U.S. Imports After 20 Years
In a significant turn of events, the U.S. imported more goods from Mexico than from China in 2023, a first in two decades. This shift signifies a major change in global trade dynamics, aligning with the U.S.’s “friendshoring” strategy. This approach aims to diversify supply chains to allied nations, reducing dependence on Chinese imports due […]