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For First Time in Two Decades, U.S. Buys More From Mexico Than China

The United States bought more goods from Mexico than China in 2023 for the first time in 20 years, evidence of how much global trade patterns have shifted. ....

United States , Coahuila De Zaragoza , Marco Villarreal , North America , International Trade , Us Economy , Supply Chain , Us Politics , Us Foreign Policy , Russian Invasion Of Ukraine 2022 , Schneider Electric ,

United States Spurns China for Mexico and Other Allies, Trade Data Shows

In the depths of the pandemic, as global supply chains buckled and the cost of shipping a container to China soared nearly twentyfold, Marco Villarreal spied… ....

Marco Villarreal , Reaking News ,

The US NOW Imports More from Mexico than China….

The US NOW Imports More from Mexico than China….
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United States , Coahuila De Zaragoza , Republic Of , South Korea , Brad Setser , Marco Villarreal , Mark Zandi , National Security , Foreign Affairs , Council On Foreign Relations , North America , United State ,

For First Time in Two Decades, U.S. Buys More From Mexico Than China

WASHINGTON — In the depths of the pandemic, as global supply chains buckled and the cost of shipping a container to China soared nearly twentyfold, Marco Villarreal spied an opportunity. In 2021, Villarreal resigned as Caterpillar’s director general in Mexico and began nurturing ties with companies looking to shift manufacturing from China to Mexico. He found a client in Hisun, a Chinese producer of all-terrain vehicles, which hired Villarreal to establish a $152 million manufacturing site in Sa ....

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