Mexico Surpasses China as the Number One Exporter to the US
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#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