Top

Volkswagen Likely to Wind Down Its Xinjiang Investments over Forced Labor Concerns

FTC Announces Largest-Ever Civil Penalty for Made in USA Labeling Fraud

Treasury Secretary Yellen Outlines U.S.-China Relationship Objectives for 2024

90% of Energy Companies Experienced 3rd Party Breach

USTR Tai to AAM: U.S. Trade Policy Should Reinforce Our Ability to Make Things in America...

image credit: www.slon.pics / Freepik

Mexico Supplants China as America’s Top Source of Imports, But the “World’s Factory” is Opening New Back Doors

February 8, 2024

Via: Alliance for American Manufacturing

Category:

For the first time in more than two decades, the United States imported more goods from Mexico than China, Census data revealed on Wednesday. This apparent world trade transformation, along with news of a more than 10% reduction in the U.S. goods trade deficit in 2023, is ostensibly a win for the U.S., but the trade data uncovers a pernicious pattern that cannot be ignored.

Read More on Alliance for American Manufacturing